{
    "success": true,
    "data": {
        "id": 1914180,
        "msgid": "how-to-buy-gold-etfs-complete-with-ticker-codes-1786506684",
        "date": "2026-08-12 10:10:28",
        "title": "How to Buy Gold ETFs, Complete with Ticker Codes",
        "author": "",
        "source": "CNBC",
        "tags": "",
        "topic": "Investment",
        "summary": "Gold Exchange Traded Funds (ETFs) have been launched in Indonesia, offering investors exposure to gold price movements without the need to hold physical bullion. The instruments, which include both physically-backed and gold-miner equity-based ETFs, are traded on the Indonesia Stock Exchange under the ticker XTRA. Five Indonesian asset management firms are issuing the products, which have also received sharia compliance approval from the Indonesian Ulema Council.",
        "content": "<p>Gold investment can now be made through various instruments, not just\nby purchasing physical gold. One of the newly available instruments in\nIndonesia is the Gold Exchange Traded Fund (ETF). A gold ETF is a mutual\nfund traded on the exchange whose value tracks the movement of gold\nprices or shares of gold mining companies. Through this instrument,\ninvestors can gain potential profits from rising gold prices without\nhaving to own or store physical gold. In addition to providing access to\ngold price movements, gold ETFs also offer liquidity as they can be\nbought and sold during exchange trading hours. Their value generally\nmoves in line with the gold price, so when gold prices strengthen, the\nvalue of the gold ETF also tends to rise.<\/p>\n<p>Citing the official Pegadaian website, gold ETFs are generally\ndivided into two main groups with different characteristics. First,\nphysically-backed gold ETFs that directly reflect the gold price because\nthey are supported by physical gold ownership as the underlying asset.\nIn this scheme, the fund manager stores gold bullion as the base asset\nbacking the product. Consequently, the ETF\u2019s performance is closely\nlinked to gold price movements in the market. The second type is ETFs\nthat invest in shares of gold mining companies. The value of this type\nof ETF is influenced not only by gold price movements but also by the\nbusiness performance of the companies whose shares are in the\nportfolio.<\/p>\n<p>Gold ETF investment offers several advantages, including easy and\nflexible access and price movements that follow the global market. This\ninstrument can also be liquidated quickly, does not require storage\ncosts like physical gold, and can be used as a hedging instrument to\npreserve asset value. Furthermore, Gold ETFs have obtained sharia\nprinciple approval from the Indonesian Ulema Council (MUI), referring to\nDSN-MUI Fatwa Number 163\/DSN-MUI\/VIII\/2025 concerning Sharia Gold\nETFs.<\/p>\n<p>Gold ETFs have been available for purchase since their launch on 10\nAugust 2026. The products are already available on several investment\nplatforms. The issuance of gold ETFs in Indonesia is carried out by five\ncompanies: PT Indopremier Investment Management, PT Mandiri Manajemen\nInvestasi, PT BRI Manajemen Investasi, PT Trimegah Asset Management, and\nShinhan Asset Management Indonesia. As one of the issuers, Trimegah\nAsset Management President Director Antony Dirga explained that gold\nETFs are traded on the secondary market of the Indonesia Stock Exchange\n(BEI), making the investment mechanism relatively simple. The gold ETF\ncan be accessed by investors using the trading code XTRA and has been\ntraded on the BEI since launch day. This code serves as the gold ETF\nticker that investors can use to conduct transactions on the exchange.\n\u201cThe ticker is XTRA, X-T-R-A, for the gold ETF. So everyone can access\nit, just like shares traded on the exchange,\u201d Antony said after the\nlaunch at the BEI Main Hall, Jakarta, Monday (10\/6\/2026). Thus,\ninvestors wishing to buy gold ETFs can access them through investment\nplatforms that provide securities trading. Gold ETF transactions follow\nBEI trading hours, so investors can buy and sell them while the market\nis open.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/how-to-buy-gold-etfs-complete-with-ticker-codes-1786506684",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}