Continuously Rising, Gold Price Reaches IDR 1,427 Million on Thursday, July 18, 2024 – 2024-07-18 13:32:46

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The price of gold bullion from PT Aneka Tambang (Antam) rose by Rp7,000 per gram on Thursday (18/7) morning. Currently, the price of the precious metal has touched Rp1,427,000 per gram.

Previously, the price of gold bullion was at IDR 1,420,000 per gram on Wednesday (17/7/2024).

The resale price (buyback) of Antam gold on Thursday was IDR 1,290,000 per gram.

Selling price transactions are subject to tax deductions, in accordance with PMK No. 34/PMK.10/2017. Resale of gold bars to PT Antam with a nominal value of more than IDR 10 million is subject to PPh 22 of 1.5% for NPWP holders and 3% for non-NPWP. PPh 22 on buyback transactions is deducted directly from the total buyback value.

The following are the prices of gold bullion fractions recorded at Antam Precious Metals on Thursday:

– Price of 0.5 grams of gold: Rp. 763,500
– Price of 1 gram of gold: Rp. 1,427,000
– Price of 2 grams of gold: Rp. 2,794,000
– Price of 3 grams of gold: Rp. 4,166,000
– Price of 5 grams of gold: Rp. 6,910,000
– Price of 10 grams of gold: Rp. 13,765,000
– Price of 25 grams of gold: Rp. 34,287,000
– Price of 50 grams of gold: Rp. 68,495,000
– Price of 100 grams of gold: Rp. 136,912,000
– Price of 250 grams of gold: Rp. 342,015,000
– Price of 500 grams of gold: Rp. 683,820,000
– Price of 1,000 grams of gold: Rp. 1,367,600,000

Gold purchase price tax deductions according to PMK Number 34/PMK.10/2017, gold bullion purchases are subject to PPh 22 of 0.45% for NPWP holders and 0.9% for non-NPWP. Each gold bullion purchase is accompanied by proof of PPh 22 deductions.

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Alexandra Hartman Editor-in-Chief

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