Antam Gold Price Plunges to Rp2,603,000 per Gram

The price of Antam gold has dropped by Rp20,000 to Rp2,603,000 per gram at 9:12 a.m. local time on Saturday according to the Logam Mulia website in Jakarta.

The buyback price for Antam gold also fell to Rp2,368,000 per gram.

Antam gold prices can fluctuate at any time, and the Indonesian government imposes taxes on gold transactions. A 1.5 percent Article 22 Income Tax (PPh) is applied to buyback transactions valued above Rp10,000,000, while a 0.25 percent PPH tax is imposed on the base price listed on the official website for purchase prices.