Antam Gold Prices Drop Rp20,000 at Start of August

The price of Antam gold experienced a dip at the beginning of August, with a Rp20,000 reduction per gram. As of Saturday morning, the price stood at Rp2,603,000 per gram, according to data from the Logam Mulia website in Jakarta. This marks a continuation of fluctuating trends in the precious metal's value.

Alongside the decrease in the selling price, the buyback price for Antam gold also fell, now set at Rp2,368,000 per gram. These price adjustments reflect the dynamic nature of the gold market, influenced by various global and local economic factors.

The article provides a comprehensive breakdown of Antam's gold prices for different weights, ranging from 0.5 grams to 1,000 grams. For instance, a 1-gram bar is priced at Rp2,603,000, while a 1,000-gram bar costs Rp2,543,600,000. It is important to note that Antam's gold prices are subject to change at any time.

Furthermore, the report reminds consumers of the tax regulations associated with gold transactions. A 1.5 percent Income Tax (PPh) under Article 22 is applied to buyback transactions exceeding Rp10,000,000, deducted directly from the total value. For purchases, a 0.25 percent PPh tax is levied on the base price listed on the official website.