Jakarta (ANTARA) - Antan-certified gold ingot was priced at Rp973,000 per gram on Thursday, up Rp2,000 per gram, from Rp971,000 per gram the day before, according to Logam Mulia website of state-owned mining company PT Aneka Tambang Tbk.

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.

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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.

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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.

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