Digital Gold Surges, Q1 2026 Transactions Jump 246%
Trading in the physical gold market digitally on the Indonesia Commodity & Derivatives Exchange (ICDX), or the Indonesia Commodity and Derivatives Exchange (BKDI), recorded a sharp surge in the first quarter of 2026. Total transactions reached 30,921,382 grams, soaring 246% compared to the same period in 2025, which stood at 8,941,108 grams.
For the record, throughout 2025, digital physical gold market transactions on the ICDX reached 56,595,115 grams.
ICDX Director Nursalam stated that this surge indicates the public’s interest in digital gold on the futures exchange continues to strengthen. However, he reminded the public to remain vigilant against digital gold investment offers on social media.
“Going forward, we will continue to collaborate with all stakeholders, including the regulator in this case Bappebti, to increase transactions by continuing to popularise this ecosystem. Based on the trends in the first quarter of 2026, we are optimistic that transactions will grow positively until the end of the year,” he said.
Meanwhile, the Head of the Commodity Futures Trading Regulatory Agency (Bappebti), Tirta Karma Senjaya, emphasised that from the outset, they have ensured the presence of physical gold in every digital transaction.
This step is taken to guarantee public protection. In this ecosystem, Bappebti oversees the exchange as the trading venue, the clearing house as the guarantor and settler, and the depository institution as the physical gold custodian.
“Supervision also covers traders and intermediaries for digital physical gold trading that facilitate public transactions. The hope is that this ecosystem continues to grow as an alternative investment,” he stated.
Bappebti data for 2025 shows the total number of investors in this ecosystem reached 18.7 million customers. The young age group dominates, with 36.3% aged 25-34 years and 32.6% aged 18-24 years.
In terms of profession, students or pupils dominate at 35.1%. Meanwhile, in terms of transactions, 94.9% of investors transact below 1 gram, and 92.6% make transactions with a value below Rp 1 million.
The regulation of digital physical gold market trading in Indonesia is set out in Bappebti Regulation No. 3 of 2025 concerning the Procedures for Conducting Digital Physical Gold Market Trading on the Futures Exchange.
In this ecosystem, the exchange acts as the trading platform provider, the clearing house as the transaction guarantor and settler, and the depository institution as the custodian of the physical gold traded digitally.