About Gold Pricing in Jakarta
Indonesia is the world's 5th largest gold producer, and Jakarta is the country's primary gold trading hub. PT Antam (state-owned mining company) is the trusted benchmark for Indonesian gold pricing — their branded bars command a premium but are the most liquid investment product domestically.
Indonesia applies 10% VAT on gold retail and 1.5% PPh22 (income tax) on gold purchases above certain thresholds. Indonesian gold is denominated in IDR — at ~16,250 IDR/USD, prices appear large in local currency.
Pasar Tanah Abang and Glodok area in Jakarta have large concentrations of gold dealers. Gold pawnshops (Pegadaian) are also a common place for Indonesians to buy and sell gold.
See the Arbitrage Table for Jakarta vs Singapore comparison.
Frequently Asked Questions — Gold in Jakarta
What is the gold price today in Jakarta? +
Jakarta gold price = COMEX spot × IDR/USD exchange rate (~16,250). Indonesia applies 10% VAT on gold retail. AURUM shows the COMEX-equivalent pre-tax base price, updated every 5 seconds.
What is Antam gold? +
Antam (PT Aneka Tambang) is Indonesia's state-owned mining company and the trusted issuer of certified investment gold bars. Antam bars come in sizes from 0.5g to 1kg, 99.99% purity, with buyback guarantee.
Why does Indonesia produce so much gold? +
Indonesia has large gold deposits in Papua (Grasberg/Freeport — one of the world's largest gold mines), Sulawesi, and Kalimantan. Indonesia typically produces 100+ tonnes of gold annually.
What are the taxes on gold in Indonesia? +
10% VAT (PPN) on gold retail. 1.5% PPh22 (income tax withholding) on purchases above certain thresholds. Investment gold products may have specific tax treatment — consult a local tax advisor.
Where to buy investment gold in Jakarta? +
Antam's official outlets and certified dealers. Pegadaian (state pawnshop) offers gold savings products. Online: Tokopedia Gold, Shopee Gold, and digital gold apps like Emas Digital are increasingly popular.