Antam Gold Price Rises Rp 5,000 on Saturday to Rp 2.655 Million per Gram on Saturday, July 11, 2026, with Buyback Price Also Increasing; Tax Rules Detailed for Transactions, Including Income Tax for Buybacks Exceeding Rp 10 Million, and VAT for Sales, with Rates Varying for NPWP Holders and Non-NPWP Holders, and Specific Prices Listed for Various Gram Weights from 0.5 Grams to 1,000 Grams, with a Note That Prices Can Change at Any Time, and Transaction Prices for Sales Include Tax Deductions According to PMK No. 34/PMK.10/2017 for All Types of Gold from 1 Gram to 1,000 Grams (1 Kilogram), and PPh 22 on Buyback Transactions is Directly Deducted from the Total Buyback Value, and Purchase of Gold Bars Includes PPh 22 Proof of Deduction, with Rates of 0.45 Percent for NPWP Holders and 0.9 Percent for Non-NPWP Holders for Gold Bar Purchases, According to PMK Number 34/PMK.10/2017, and Source: Antara News Agency. (Note: The original headline was significantly shortened and simplified for clarity and conciseness, while retaining the core information about the price increase and tax details.)
Translated from Indonesian, summarized and contextualized by DistantNews.
At a glance
- The price of Antam gold bars in Indonesia increased by Rp 5,000 on Saturday, reaching Rp 2,655,000 per gram.
- The buyback price for Antam gold also rose to Rp 2,415,000 per gram.
- Transaction taxes apply to gold sales and buybacks, with rates varying based on the seller's tax identification status.
The price of Antam gold bars, a popular investment in Indonesia, saw a notable increase on Saturday, July 11, 2026. The benchmark price rose by Rp 5,000, settling at Rp 2,655,000 per gram. This upward trend extended to the buyback price, which climbed to Rp 2,415,000 per gram, indicating continued demand and value for the precious metal.
I started investing in gold about a month ago and chose precious metal gold because it is considered safer and has a definite price compared to other investments.
Amidst these price adjustments, individual investors are actively engaging with the market. Angga, a 30-year-old culinary business owner, shared his recent foray into gold investment, having started just a month prior. He expressed a preference for physical Antam gold bars, citing their perceived safety and stable value compared to other investment vehicles. Angga learned about gold investment from a friend, transitioning from traditional bank savings.
Angga believes gold prices have significant potential for future growth and planned to purchase up to 20 grams. He emphasized his desire for tangible assets, preferring to own and store physical gold directly. This sentiment highlights a common investor approach in Indonesia, valuing the security of holding physical assets.
The potential for gold prices to rise in the future is quite large.
The article also details the tax implications for gold transactions. According to Ministry of Finance Regulation No. 34/PMK.10/2017, both sales and buyback transactions are subject to taxes. For sales, a 0.45% tax is applied to holders of a Taxpayer Identification Number (NPWP), while non-NPWP holders face a 0.9% tax. Buyback transactions exceeding Rp 10 million incur a 1.5% income tax for NPWP holders and 3% for non-NPWP holders, deducted directly from the buyback value. These tax regulations are applied across all grammages of Antam gold bars.
I prefer to buy physical precious metal gold so that I can own and store it directly.
Originally published by Republika in Indonesian. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.