Commodities
Antam Gold Price Drops Rp20,000 to Rp2.6 Million Per Gram
The Antam gold price dropped by Rp20,000 to Rp2,603,000 per gram at 9:12 am local time on Saturday, according to the Logam Mulia website in Jakarta. The buyback price also decreased to Rp2,368,000 per gram. This change can occur at any time.
The Indonesian government imposes a 1.5% Article 22 Income Tax (PPh) on transactions valued above Rp10 million, which is deducted directly from the transaction value during buybacks. A 0.25% PPH tax is applied to the purchase price listed on the official website.