Indonesian Political, Business & Finance News

Gold Ecosystem Is Indonesia’s Future: Discover the Opportunities

| Source: CNBC Translated from Indonesian | Business
Gold Ecosystem Is Indonesia’s Future: Discover the Opportunities
Image: CNBC

Jakarta, CNBC Indonesia – The use of gold in Indonesia is considered to remain conventional, mainly involving jewellery-making and its role as a foreign-exchange reserve. However, the precious metal also serves as a component in modern electronics industries, including as a material supporting semiconductor production.

World Gold Council data show that Indonesia produced 104 tonnes of gold in 2025, placing the country tenth in the world.

The World Gold Council has also highlighted rising investment as the main driver of growth in gold demand. Holdings in global gold exchange-traded funds (ETFs) are entering their second-strongest year on record, while purchases of gold bars and coins have increased to their highest level in 12 years.

The Ministry of Investment/Investment Coordinating Board (BKPM) is targeting self-sufficiency in all raw materials needed for downstream processing, including gold. A reliable supply of resources is expected to boost global investors’ confidence in establishing manufacturing facilities, including gold-based operations, in Indonesia.

The government recently established the Indonesia Bullion Market Association (IBMA). The association will act as a bridge between industry players and regulators, receive input, provide a platform for collaboration, and serve a regulatory role.

To examine opportunities in the gold ecosystem and recognise the gold industry, business and integrated media outlet CNBC Indonesia is holding the Road to CNBC Indonesia Award 2026: ‘Best Gold Ecosystem’ on Tuesday, 3 November 2026, at 15:30 WIB. The award will recognise businesses that are helping to invigorate Indonesia’s gold ecosystem.

Before the awards are presented, an exclusive discussion will examine Indonesia’s investment climate, particularly from the perspective of the capital market. The discussion will be hosted live by a CNBC Indonesia anchor and feature knowledgeable speakers.

Road to CNBC Indonesia Award is part of the 2026 CNBC Indonesia Awards, which will be held at a later date.

The awards recognise businesses and industries that have contributed positively to the country’s economic progress. As part of the event series, weekly interviews with speakers will also be broadcast on the Profit, Power Lunch and Closing Bell programmes.

Watch the full Road to CNBC Indonesia Awards 2026 series live on CNBC Indonesia TV and at www.cnbcindonesia.com.

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