Pegadaian Boss Reveals How Digital Gold Is Physically Backed

JAKARTA, KOMPAS.com - PT Pegadaian ensures the supply of gold for all digital gold investment products remains adequate. After all, digital gold investment is backed 1:1 by physical gold.

Director of Information Technology and Digital PT Pegadaian, Yos Iman Jaya Dappu, says every gold purchased by customers is fully backed by physical gold that is truly available and stored by Pegadaian.

He gave an example: if a customer buys 100 grams of gold, Pegadaian has and stores a physical gold quantity of the same amount in the company’s vault. The same applies if customers buy 200 grams or any other amount; the entire balance of gold has an equivalent physical reserve.

“Gold at Pegadaian is 1 to 1. People buy 100 grams, 200 grams, or any amount, the physical gold is there at Pegadaian,” said Yos during the “PRIMA Talkshow” in Jakarta, Thursday (5/3/2026).

From a security perspective, Pegadaian ensures the physical gold is available beforehand before customers make purchases. In this way, every gold transaction undertaken by customers is truly backed by physical assets that already exist and are stored in the company’s vault.

“So this meets two things. First, in terms of security. Second, in terms of Shariah compliance. The physical gold already exists beforehand,” he explained.

Therefore, the process of minting physical gold from digital balances cannot be done instantly. To meet customer needs, Pegadaian provides an “ATM Gold” facility that enables customers to print physical gold from their digital gold balance.

However, at present, the ATM Gold facility is available only in limited areas, but plans are in place to expand to various regions of Indonesia in the future.

Through this service, Pegadaian offers four main products: trading or buying and selling gold, gold deposits, gold-based working capital loans, and custody services for corporations.