ANTAM GOLD PRICES SURGE AS INVESTORS SEEK SAFE HAVEN AMID MARKET VOLATILITY
Gold Shines Amid Economic Uncertainty: Investors Turn to Precious Metals for Stability.
In the midst of global market turbulence, gold bullion from PT Aneka Tambang Tbk (Antam) continues its rapid ascent, with prices jumping IDR 12,000 per gram on Saturday morning. This latest increase follows Friday's spike of IDR 13,000, pushing the price per gram of Antam gold to IDR 1,455,000, signaling heightened demand for this safe-haven asset.
The recent surge in gold prices reflects a growing trend of investors flocking to gold amid concerns over inflation and global economic instability. With stock markets experiencing fluctuations and other commodities under pressure, gold has proven resilient, maintaining its reputation as a secure store of value.
Buyback Prices and Tax Implications
As of today, Antam’s buyback price for gold bullion has also risen to IDR 1,295,000 per gram, reflecting strong demand in the secondary market. However, investors looking to cash in on their gold holdings should be mindful of the tax deductions imposed by the government.
In accordance with the Ministry of Finance’s PMK No. 34/PMK.10/2017, any gold buyback transactions exceeding IDR 10 million are subject to a PPh 22 tax of 1.5 percent for individuals holding a Taxpayer Identification Number (NPWP). Those without an NPWP face a higher tax rate of 3 percent. This tax is automatically deducted from the total buyback value, simplifying the process for sellers.
Breaking Down the Prices
For those looking to invest in gold, here is the latest breakdown of Antam’s gold bullion prices:
- 0.5 grams: IDR 777,500
- 1 gram: IDR 1,455,000
- 2 grams: IDR 2,850,000
- 3 grams: IDR 4,250,000
- 5 grams: IDR 7,050,000
- 10 grams: IDR 14,045,000
- 25 grams: IDR 34,987,000
- 50 grams: IDR 69,895,000
- 100 grams: IDR 139,712,000
- 250 grams: IDR 349,015,000
- 500 grams: IDR 697,820,000
- 1,000 grams: IDR 1,395,600,000
Whether purchasing gold as a safeguard against economic uncertainty or selling it for quick liquidity, investors are advised to consider the tax implications. According to PMK No. 34/PMK.10/2017, all purchases of gold bullion are subject to a PPh 22 tax of 0.45 percent for buyers with an NPWP and 0.9 percent for those without, with the appropriate tax deduction slip provided during the transaction.
A Safe Bet in Uncertain Times
With economic challenges mounting, gold remains one of the few assets offering stability. As market volatility persists, Antam's gold bullion prices are expected to remain on an upward trajectory, attracting both seasoned investors and those new to the precious metals market.
For individuals considering their financial strategies in today's unpredictable climate, gold continues to shine as a reliable option for wealth preservation.
#THE S MEDIA #Media Milenial #Antam gold prices #gold bullion #investment trends #safe-haven asset #market volatility #gold buyback #PPh 22 tax #NPWP #gold investment #global economy #inflation hedge #precious metals market #financial stability #gold price surge #Antam gold updates