Antam's gold bars rose Rp 8,000 on Saturday, 14 November 2026. The bar was priced at Rp 2,517,000 per gram, compared with Rp 2,509,000 in the previous trading session.

The buyback price strengthened by the same Rp 8,000 to Rp 2,293,000 per gram, from Rp 2,285,000. Buyback is the reference value an owner receives when selling a bar back to Antam.

Taxes Attached to Transactions

Purchases of gold bars carry Article 22 income tax of 0.25 percent, and buybacks above Rp 10 million are subject to 1.5 percent, withheld directly, Liputan6 reported. The purchase rate is 0.25 percent for buyers holding a tax ID, known as NPWP, and 0.5 percent for those without one, according to CNBC Indonesia.

The withholding rises to 3 percent for sellers without an NPWP on buybacks above Rp 10 million, against 1.5 percent for those holding one. The tax is cut from the transaction value.

Push from Global Markets

Spot gold gained 0.6 percent to US$ 3,898.84 an ounce after touching US$ 3,922.97, while US futures for December delivery added 0.5 percent to US$ 3,903 an ounce.

Markets priced an 89.4 percent chance of a 25 basis point US rate increase in December, down from 96.2 percent before the PPI data was released. The domestic recovery ended a negative run that had cut Antam's price by Rp 51,000 over three days.

For the week, gold fell more than 4 percent, its worst weekly performance since early June. The session's rise in spot to US$ 3,898.84 an ounce and in the December contract to US$ 3,903 ran against that weekly trend.

Who is affected

Buyers and sellers meet different rates depending on whether they hold an NPWP.

On the buying side, the Article 22 levy is 0.25 percent for NPWP holders and 0.5 percent for buyers without a tax ID when bars are purchased from Antam.

What is still unclear

No figure has been published for Antam's gold price at Pegadaian on 14 November 2026, and the sources do not yet detail that channel.

It is also unclear whether the rise will continue in the next trading session, and whether the buyback quote of Rp 2,293,000 per gram will hold. No projection for the following session was disclosed.