The price of gold bullion produced by PT Aneka Tambang Tbk (ANTM), commonly known as Antam, remained unchanged on Tuesday morning, April 15, 2025. As reported by the official Logam Mulia website, the gold price stayed flat at IDR 1,896,000 per gram — approximately $118.
The previous day, on Monday, April 14, Antam’s gold price experienced a modest drop of IDR 8,000, settling at the same level of IDR 1,896,000 per gram. Despite the brief decline, the price has managed to remain stable going into the new trading day.
Antam’s gold price reached its all-time high of IDR 1,904,000 per gram — roughly $119 — just days earlier on April 12, 2025. This marked the peak of a sustained upward trend that had been building over recent weeks, fueled by global economic uncertainties and increased demand for safe-haven assets.
Gold transactions in Indonesia are subject to taxation, as outlined under Regulation No. 34/PMK.10/2017 from the Ministry of Finance. Specifically, when selling gold bullion back to Antam, transactions valued above IDR 10 million (around $625) are subject to a 22 Income Tax (PPh 22).
For sellers who possess a Tax Identification Number (NPWP), the applicable tax rate is 1.5%, while those without an NPWP are charged 3%. This tax is automatically deducted from the total buyback value at the time of the transaction.
Despite minor fluctuations, Antam gold continues to be a popular choice for investors in Indonesia seeking a stable store of value. Analysts suggest that the near-record high pricing is likely to persist amid ongoing global financial market volatility.
