antam Gold Prices Reach New Highs on Friday
Table of Contents
- 1. antam Gold Prices Reach New Highs on Friday
- 2. Price Breakdown for Antam Gold on Friday, January 24th, 2025
- 3. What advice would benji Setiawan offer to both seasoned and novice investors interested in capitalizing on this gold market fervor?
- 4. Riding the Gold Wave: An Interview with Market Analyst Benji Setiawan
- 5. Archyde: Benji, what are the key factors driving this recent surge in Antam gold prices?
- 6. Archyde: How does this sharp rise in Antam Gold prices compare to the broader international gold market trend?
- 7. Archyde: What implications does this prolonged uptrend have for potential investors in Antam Gold?
- 8. Archyde: Looking ahead, what are your predictions for the future price movements of Antam Gold?
- 9. Archyde: What advice would you offer to both seasoned and novice investors interested in capitalizing on this gold market fervour?
The Indonesian state-owned mining company, PT Antam tbk, announced a fresh surge in gold prices on friday, January 24th, 2025. Antam Mulia 24 Karat, the company’s flagship gold product, saw a rp 1,000 per gram increase, reaching a record high of Rp 1,608,000 per gram. This upward trend continues a pattern of growth observed throughout the past week and month.
The company’s website reveals a range of prices for different gold denominations.A half-gram unit now costs Rp 854,000, while a 10-gram piece sells for Rp 15,575,000. Topping the spectrum, a kilogram (1,000 grams) of Antam gold commands a hefty price of Rp 1,548,600,000.
“The price of gold today for Antam’s gold buyback rose Rp 1,000 per gram and was at the level of Rp 1,456,000 per gram,” explained an Antam spokesperson. This buyback price offers a competitive rate for those looking to sell their existing gold holdings to the company.
As per the Minister of Finance Regulation (PMK) Number 34 of 2017, purchasers of gold bars are subject to PPh 22 (Final Income Tax on Sales of Goods) at a rate of 0.9%. However, those who present their NPWP (Taxpayer Identification Number) during the transaction can benefit from a reduced tax rate of 0.45%, making it a more attractive option for frequent gold buyers.
Price Breakdown for Antam Gold on Friday, January 24th, 2025
0.5 Gram: IDR 854,000
1 Gram: IDR 1,608,000
2 Grams: IDR 3,156,000
3 Grams: IDR 4,709,000
5 Grams: IDR 7,815,000
10 Grams: IDR 15,575,000
25 Grams: IDR 38,812,000
50 Grams: IDR 77,545,000
100 Grams: IDR 155,012,000
250 Grams: IDR 387,265,000
500 Grams: IDR 774,320,000
1,000 Grams (1 kg): IDR 1,548,600,000
What advice would benji Setiawan offer to both seasoned and novice investors interested in capitalizing on this gold market fervor?
Riding the Gold Wave: An Interview with Market Analyst Benji Setiawan
Antam, Indonesia’s state-owned mining company, just announced a record high for its flagship gold product, Antam Mulia 24 Karat, reaching Rp 1,608,000 per gram. This surge marks a trend of continuous price growth observed throughout the past month. We sat down with Benji Setiawan, a seasoned market analyst with a keen focus on precious metals, to unravel the reasons behind this rally and its potential impact.
Archyde: Benji, what are the key factors driving this recent surge in Antam gold prices?
Benji Setiawan: The global gold market is experiencing a period of upward momentum, fueled by several factors. A key driver is the ongoing geopolitical uncertainty and rising inflation concerns worldwide. Investors often turn to gold as a safe haven asset during times of economic instability. Additionally,a weaker US dollar makes gold more affordable for buyers using other currencies,further boosting demand.
Archyde: How does this sharp rise in Antam Gold prices compare to the broader international gold market trend?
Benji Setiawan: Antam Gold’s price appreciation aligns with the global trend of rising gold prices. Indonesia’s gold market, while influenced by global factors, also reflects local economic conditions. Indonesia’s thriving middle class and increasing investment in gold as a tangible asset are also contributing factors to the strong performance of Antam Gold.
Archyde: What implications does this prolonged uptrend have for potential investors in Antam Gold?
Benji Setiawan: The current market situation presents a potentially attractive chance for long-term gold investors. Though, it’s crucial to remember that gold prices can be volatile. Before making any investment decisions, it’s essential to carefully assess your risk tolerance, investment goals, and conduct thorough research on the market.
Archyde: Looking ahead, what are your predictions for the future price movements of Antam Gold?
Benji Setiawan: Predicting future gold prices with certainty is always a challenge. However, considering the current global economic and geopolitical landscape, factors favoring gold’s continued upward trajectory appear strong. It’s reasonable to expect some degree of continued growth in Antam gold prices, but potential fluctuations should be anticipated
Archyde: What advice would you offer to both seasoned and novice investors interested in capitalizing on this gold market fervour?
Benji setiawan: Diversify your investment portfolio, conduct thorough research, and invest only what you can afford to lose. Don’t chase short-term gains; focus on building a long-term investment strategy based on sound fundamentals.