Airlangga Reveals Rapid Growth in Bank Bullion Customers Amid Rising Gold Prices

Jakarta — Interest in bullion banks or gold banks in Indonesia continues to rise in line with the global trend of higher gold prices. The uptick is reflected in increases in the number of customers, the amount of gold pledged, and the volume of gold loans since the bullion bank was launched in February 2025.

Coordinating Minister for Economic Affairs Airlangga Hartarto said that the number of customers at the bullion bank’s launch was about 3.2 million. It later rose to around 5.7 million. In addition, the amount of gold pledged rose significantly to around 144.7 tonnes from 94 tonnes, and the volume of gold loans increased to 38.5 tonnes, equivalent to Rp102 trillion.

“So the bullion bank business has grown rapidly,” he said at the AKSI KLIK Launch in Jakarta on Friday (6 March 2026).

At launch, global gold prices were around $3,000 per ounce. They have since risen to about $5,000 per ounce.

Airlangga said the rise in world gold prices is driven by geopolitical dynamics and global economic uncertainty, which has led investors worldwide to flock to the precious metal.

“Of course these achievements are inseparable from the role of the KL, working with BI and the Coordinating Ministry to promote financial literacy and financial welfare,” he added.