Indonesian Political, Business & Finance News

IDX Prepares Gold ETF, Paper Gold Investment Coming Soon to Indonesian Exchange

| | Source: RADARTUBAN.JAWAPOS.COM Translated from Indonesian | Finance
IDX Prepares Gold ETF, Paper Gold Investment Coming Soon to Indonesian Exchange
Image: RADARTUBAN.JAWAPOS.COM

The Indonesia Stock Exchange (IDX) is preparing to launch a gold-backed Exchange-Traded Fund (ETF) product. This instrument will allow the public to invest in gold without the hassle of storing the physical asset. IDX Development Director Jeffrey Hendrik stated that the exchange is currently finalising the necessary regulations and infrastructure for the gold ETF. “We are in the finalisation stage. We hope it can be launched soon,” he said in Jakarta, Friday (4/7/2026). Jeffrey explained that the gold ETF will use physical gold as its underlying asset. The gold will be deposited in a depository institution appointed by the exchange. This mechanism ensures that the ETF units traded on the exchange are fully backed by physical gold bullion. He noted that seven investment managers have expressed interest and registered to issue gold ETF products. The IDX is currently coordinating with the Financial Services Authority (OJK) and other stakeholders to ensure a smooth launch. The introduction of the gold ETF is expected to provide a new alternative investment instrument that is more affordable and liquid compared to buying physical gold. It is also part of the IDX’s strategy to increase the number of investors and trading liquidity in the Indonesian capital market.

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