Gold Prices Continue to Rise to Rp. 1,567 Million on Thursday 31 October 2024

Gold Prices Continue to Rise to Rp. 1,567 Million on Thursday 31 October 2024
Gold Price Touches IDR 1,567 Million on Thursday 31 October 2024″/>
Illustration(Intermediate)

Antam‘s gold price rose again on Thursday (31/10) morning. Today’s gold price was recorded at IDR 1,567,000 per gram, an increase of IDR 7,000 from the previous trading day, IDR 1,560,000 per gram.

Meanwhile, the resale price (buyback) gold bullion on Thursday also rose to IDR 1,419,000 per gram. Selling price transactions are subject to tax deductions in accordance with PMK No. 34/PMK.10/2017.

Resale of gold bullion to PT Antam Tbk 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 holders. PPh 22 on transactions buyback deducted directly from the total value buyback.

The following is the price of gold bullion fractions on Thursday 31 October 2024:

  • Price of 0.5 gram gold: IDR 833,500
  • Price of 1 gram of gold: IDR 1,567,000
  • Price of 2 grams of gold: IDR 3,074,000
  • Price of 3 grams of gold: IDR 4,586,000
  • Price of 5 grams of gold: IDR 7,610,000
  • Price of 10 grams of gold: IDR 15,165,000
  • Price of 25 gram gold: IDR 37,787,000
  • Price of 50 grams of gold: IDR 75,495,000
  • Price of 100 grams of gold: IDR 150,912,000
  • Price of 250 gram gold: IDR 377,015,000
  • Price of 500 grams of gold: IDR 753,820,000
  • Price of 1,000 grams of gold: IDR 1,507,600,000

The tax discount on the purchase price of gold is in accordance with PMK Number 34/PMK.10/2017, the purchase of gold bullion is subject to PPh 22 of 0.45% for NPWP holders and 0.9% for non-NPWP holders. Every purchase of gold bullion is accompanied by proof of withholding PPh 22.

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**Title: ​Gold Prices on the ⁢Rise: A Discussion with Economic Analyst Julia Hartman**

**Interviewer:** Good⁣ afternoon, Julia. Thank‌ you for joining us today to ⁤discuss the recent surge in ‍gold prices. As reported, Antam’s gold ⁣price has reached IDR 1,567,000 per gram, marking a significant⁤ increase from⁢ the previous day.​ What factors do you think are contributing to this rise?

**Julia Hartman:** Thank you ‍for having me.⁣ The ⁤rise in gold prices can be ⁣attributed to several factors. Firstly, there’s ongoing market volatility and geopolitical tensions, which often drive investors toward gold ‍as a safe haven ‌asset. Additionally, ⁤fluctuations in currency values and inflation⁣ concerns also play‍ a crucial‍ role in⁣ the demand for gold.

**Interviewer:** ‌Interesting. You mentioned geopolitical tensions. ‌Can you elaborate⁤ on how these influence gold prices?

**Julia Hartman:** Certainly. When there are uncertainties in the world—be it due to political instability or economic crises—investors typically seek stability⁤ in ⁢gold. It’s seen as ⁣a reliable store of value. As these tensions escalate, we often see increases​ in gold prices, as investors prioritize security over⁢ potential returns from more volatile assets.

**Interviewer:** That makes sense. What do you predict ⁢for the future of gold prices? Should investors be concerned or optimistic?

**Julia Hartman:** It’s difficult to predict with certainty, but given the current economic indicators and ongoing global events, I would suggest a cautious optimism. The upward trend may continue in‍ the short term, but⁢ investors should⁣ always⁢ be aware⁣ of market corrections. Diversifying their ​portfolios and considering their risk tolerance is essential.

**Interviewer:** Thank you for‌ your insights, Julia. Your analysis on the rising gold prices is enlightening. Any final thoughts for ⁤our viewers?

**Julia Hartman:** Just to remind everyone that while gold ​can be ‍a ‍great‌ investment during uncertain times, it’s important⁢ to⁣ do thorough research and consider the long-term implications. Always consult with a ​financial ‌advisor when making ⁤investment decisions.

**Interviewer:** Wise advice. Thanks again for joining us today, Julia.

**Julia Hartman:** Thank you for having me!

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