Meanwhile, the buyback price of Antam gold fell by Rp2,000 per gram to Rp875,000 per gram.
The domestic gold price was not affected by the global gold market.
Gold price at the Comex New York Exchange during late trading on Wednesday (Thursday morning in Indonesia) came under pressure due to the US dollar's appreciation after recording the largest daily drop in more than two months.
Related news: Gold safest investment for Millennials, Gen Zs: state pawnshop
The gold futures market reacted after Chief of the US Federal Reserve Jerome Powell adopted a hawkish tone on the high interest rate regime when the central bank was attempting to keep the inflationary spiral under control.
Gold contract for June delivery at the Comex New York Exchange division reportedly plunged US$3, or 0.16 percent, to close at US$1,815.90 per ounce, ending a rise in two consecutive days.
Following are the prices of PT Antam's gold ingot accessed from the Logam Mulia website.
Related news: Team evaluating share price of PT Freeport Indonesia: Minister Sudirman
0.5 gram: Rp536,000
1 gram: Rp973,000
2 grams: Rp1.886.000
3 grams: Rp2,804,000
5 grams: Rp4,460,000
10 grams: Rp9,225,000
25 grams: Rp22,937,000
50 grams: Rp45,795,000
100 grams: Rp91,512,000
250 grams: Rp228,515,000
500 grams: Rp456,820,000
1,000 grams: Rp913,600,000
Based on Finance Minister's Regulation No. 34/PMK.10/2017, gold ingot purchase is subject to income tax under article 22 at 0.45 percent for taxpayer code number holders and 0.9 percent for non-taxpayer code number holders.
Related news: Navy commanders must enhance combat instincts: Chief of Staff
Related news: G20 Empower Side Event discusses women MSMEs as economic drivers
Translator: Royke Sinaga, Suharto
Editor: Fardah Assegaf
Copyright © ANTARA 2022
