BSI's Gold Stock Sufficient Amid Rising Demand

Bank Syariah Indonesia (BSI) has confirmed that its gold supply is sufficient amid rising demand for the commodity. BSI recorded a 44 percent year-to-date increase in the number of customers of its gold banking services or bullion bank as of February 2026. Meanwhile, sales for 2026 have reached 58 percent of the total sales for 2025.

Director of Sales and Distribution at BSI, Anton Sukarna, sees demand for gold continuing to rise. “Therefore, BSI will ensure readiness on the supply side, as well as educating customers so that gold investment is undertaken gradually and with a long-term orientation,” he said in a press release on Wednesday, 4 March 2026.

According to Anton, BSI always anticipates adequate stock availability from suppliers and maintains good inventory management. To meet customers’ gold needs, BSI has partnered with several suppliers and may, in the future, add more based on assessments and the consideration of applying proper risk management.

Anton explained that the high demand for gold has a multiplier effect on global conditions, especially the Iran–Israel conflict. Gold prices have also continued to rise. At the start of the week, gold prices released by PT Aneka Tambang were recorded at Rp 3,135,000 per gram. However, on Wednesday, 4 March 2026, Antam gold price was observed to decline to Rp 3,045,000 per gram.

“Besides being a unique instrument, gold is also a safe and easy investment in line with Shariah principles,” Anton said. He noted that the gold investment trend is also driving growth for BSI, which is Indonesia’s first dedicated bullion bank.