Antam Gold Falls Rp50,000 to Rp2,843,000 per Gram on Monday

4 hours ago 3

March 23, 2026 | 04:50 pm

TEMPO.CO, Jakarta - Gold prices at Indonesia’s state-owned miner PT Antam Tbk, tracked on the company’s Logam Mulia platform, fell sharply on Monday morning.

As of 09:28 AM Jakarta time, the price per gram dropped by roughly US$3.25, from Rp2,893,000 to Rp2,843,000, reflecting broader global market volatility amid rising geopolitical and economic uncertainties.

The buyback price for Antam gold bars also fell, now standing at Rp2,560,000 per gram. Prices remain subject to change throughout the day.

Sales of gold bars are subject to taxes under the Ministry of Finance Regulation PMK No. 34/PMK.10/2017, which applies to bars ranging from 1 gram to 1 kilogram.

For buyback transactions exceeding Rp10 million, income tax (PPh 22) is applied at 1.5 percent for holders of a Taxpayer Identification Number (NPWP) and 3 percent for non-NPWP holders. The tax is deducted directly from the total buyback value.

The latest Antam gold bar prices, as listed on the Logam Mulia website, are:

0.5 gram: Rp1,471,500
1 gram: Rp2,843,000
2 grams: Rp5,626,000
3 grams: Rp8,414,000
5 grams: Rp13,990,000
10 grams: Rp27,925,000
25 grams: Rp69,687,000
50 grams: Rp139,295,000
100 grams: Rp278,512,000
250 grams: Rp696,015,000
500 grams: Rp1,391,820,000
1,000 grams (1 kilogram): Rp2,783,600,000

Purchases of gold bars are accompanied by a PPh 22 tax deduction, set at 0.45 percent for NPWP holders and 0.9 percent for non-NPWP holders, with tax receipts issued for each transaction.

Read: Why the Indonesian Rupiah Could Weaken to 20,000 per Dollar

Click here to get the latest news updates from Tempo on Google News