The price of gold from PT Aneka Tambang Tbk (Antam) witnessed a significant surge on Monday, February 2. According to data from the official Logam Mulia website, today’s Antam gold price rose by an impressive Rp 167,000, reaching Rp 3,027,000 per gram. This notable increase reflects the dynamic shifts in the precious metals market, capturing the attention of investors and consumers alike.
Conversely, the buyback price for Antam gold experienced a decrease, falling by Rp 21,000 to settle at Rp 2,633,000 per gram. These fluctuations underscore the daily volatility inherent in gold trading, where selling and buyback rates can move independently based on market conditions.
Adding a crucial layer to the gold market’s operational framework, Ministerial Finance Decree (PMK) Number 48 of 2023 stipulates that final consumers are exempt from Income Tax (PPh) when purchasing gold bars. However, gold businesses are now mandated to collect PPh 22 at a rate of 0.25 percent of the selling price, a reduction from the previous 0.45 percent. This adjustment aims to streamline the taxation process for gold transactions within the country.
It is important to note that the Antam gold prices mentioned are specifically applicable at the Butik Emas Graha Dipta Pulo Gadung, Jakarta. Prices for Antam gold may vary at other authorized sales outlets across different regions. Below is a detailed breakdown of Antam gold prices as listed on the official Logam Mulia website:
1 gram: Rp 3,027,000
5 grams: Rp 14,910,000
10 grams: Rp 29,765,000
25 grams: Rp 74,287,000
50 grams: Rp 148,495,000
100 grams: Rp 296,912,000
250 grams: Rp 742,015,000
500 grams: Rp 1,483,820,000
1,000 grams: Rp 2,967,600,000
Emas Galeri24
Shifting focus to another prominent player in the Indonesian gold market, Galeri24 also announced adjustments to its gold prices. Based on the latest data from the official Galeri24 website, which was updated on Monday, February 2, the current selling price for Galeri24 gold now stands at Rp 2,981,000 per gram. Additionally, the buyback price for Galeri24 gold is recorded at Rp 2,771,000 per gram, offering a different set of figures for those looking to buy or sell.
Here is a detailed breakdown of Galeri24 gold prices:
1 gram: Rp 2,981,000
2 grams: Rp 5,874,000
5 grams: Rp 14,576,000
10 grams: Rp 29,074,000
25 grams: Rp 72,505,000
50 grams: Rp 144,894,000
100 grams: Rp 289,645,000
250 grams: Rp 722,334,000
500 grams: Rp 1,444,667,000
1,000 grams: Rp 2,889,334,000
Summary
On Monday, February 2, Antam gold prices saw a significant increase, rising by Rp 167,000 to reach Rp 3,027,000 per gram. Conversely, its buyback price decreased by Rp 21,000, settling at Rp 2,633,000 per gram. New tax regulations (PMK 48/2023) exempt final consumers from Income Tax on gold bar purchases, while gold businesses now collect PPh 22 at 0.25%, a reduction from the previous rate.
Meanwhile, Galeri24 also updated its prices on the same day, with a selling price of Rp 2,981,000 per gram and a buyback price of Rp 2,771,000 per gram. These figures highlight the daily market fluctuations for precious metals from different providers. It is noted that Antam prices mentioned are specific to its Pulo Gadung outlet and may vary regionally.