Rancak Media – JAKARTA — Investors looking to capitalize on their gold holdings will be pleased to see a significant uptick in the market today. On Tuesday, May 12, 2026, the buyback price for gold from PT Aneka Tambang Tbk. (ANTM), widely known as Antam, has surged by Rp50,000, reaching Rp2,676,000 per gram.
According to the official Logam Mulia website, this buyback program applies to Antam gold bars that carry the internationally recognized LBMA (London Bullion Market Association) certification. Because Antam gold is globally acknowledged, its resale value is closely tied to fluctuations in the international gold market. Notably, the buyback price remains consistent across all bar denominations and production years.
For those new to the market, a buyback refers to the process of selling back gold—whether in the form of precious metals, bars, or jewelry—to the issuer. While buyback prices are typically set lower than the current retail selling price, selling during a market upswing can still yield substantial profits, provided the spread between the selling price and the current buyback price is favorable.
When considering a sale, it is important to factor in tax obligations. Under PMK No 34/PMK.10/2017, any gold buyback transaction exceeding Rp10 million is subject to Income Tax (PPh) 22. This tax is applied at a rate of 1.5 percent for individuals with a Taxpayer Identification Number (NPWP) and 3 percent for those without one. This tax amount is automatically deducted from the total value of the buyback transaction.
Furthermore, documentation requirements have been updated to align with Minister of Finance Regulation Number 112/PMK.03/2022. Under these rules, the Resident Identity Number (NIK) now functions as the NPWP for individual taxpayers. Therefore, customers must ensure that their personal identification data, particularly their NIK, is accurate and up-to-date to ensure a smooth transaction process.
Below is a simulation of Antam gold buyback values for Tuesday, May 12, 2026, at the official Antam Logam Mulia gallery:
| Weight (grams) | Estimated Buyback | PPh 22 (0.25%) | Stamp Duty | Estimated Net Proceeds |
|---|---|---|---|---|
| 0.5 | Rp1,338,000 | – | – | Rp1,338,000 |
| 1 | Rp2,676,000 | – | – | Rp2,676,000 |
| 2 | Rp5,352,000 | – | – | Rp5,352,000 |
| 5 | Rp13,380,000 | Rp33,450 | Rp10,000 | Rp13,336,550 |
| 10 | Rp26,760,000 | Rp66,900 | Rp10,000 | Rp26,683,100 |
| 50 | Rp133,800,000 | Rp334,500 | Rp10,000 | Rp133,455,500 |
| 100 | Rp267,600,000 | Rp669,000 | Rp10,000 | Rp266,921,000 |
| 500 | Rp1,338,000,000 | Rp3,345,000 | Rp10,000 | Rp1,334,645,000 |
| 1,000 | Rp2,676,000,000 | Rp6,690,000 | Rp10,000 | Rp2,669,300,000 |
Summary
On Tuesday, May 12, 2026, the buyback price for Antam gold bars rose by Rp50,000 to reach Rp2,676,000 per gram. This price applies to LBMA-certified gold bars and remains consistent across all denominations and production years. Investors are encouraged to monitor international market trends to maximize profits when selling their holdings back to the issuer.
Transactions exceeding Rp10 million are subject to Income Tax (PPh) 22, with rates of 1.5% for those with an NPWP and 3% for those without. Following current regulations, taxpayers must provide their Resident Identity Number (NIK), which now serves as their tax identification. The tax amount is automatically deducted from the total transaction value to ensure compliance with financial requirements.
