Business · Markets · 6 hrs ago

Antam Gold Price Rises Rp 15,000 per Gram, Buyback Up Rp 25,000

Antam Gold Price Rises Rp 15,000 per Gram, Buyback Up Rp 25,000

On November 10, Antam raised its gold price by Rp 15,000 per gram in Indonesia, to Rp 2,560,000.

Antam is the Indonesian gold producer whose prices are listed on its Logam Mulia website.

The price Antam pays to buy gold back rose Rp 25,000, reaching Rp 2,375,000 per gram.

The buyback price is what Antam pays when customers sell their gold to the company.

Sales above Rp 10 million face a 1.5% income tax under a 2024 finance ministry regulation, deducted from the transaction total.

Gold prices have moved within a range recently: Antam’s per-gram price was between Rp 2,531,000 and Rp 2,565,000 over the previous week, and between Rp 2,526,000 and Rp 2,594,000 over the previous month.

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