Antam Gold Price Reaches IDR 2,605,000 Per Gram Amid Ongoing Market Fluctuations

The gold bar price of PT Aneka Tambang (Persero) Tbk (ANTM), or Antam, rose to IDR 2,605,000 per gram on Thursday, September 24. This marks an increase from the previous day's price and represents a 4.5% rise compared to the start of the year.

According to the Logam Mulia website, Antam's gold buyback price also rose by IDR 30,000 to IDR 2,435,000 per gram on the same day. This comes despite a decline in the previous trading session on Friday, September 11, when Antam's gold bar price fell by IDR 25,000.

Notably, the current price remains around 17.9% below its all-time high of IDR 3,168,000 per gram, recorded on January 29. The sales and buybacks of gold bars are subject to tax under Minister of Finance Regulation (PMK) No. 34/PMK.10/2017.