Pegadaian Manages 141 Tonnes of Gold, Ready to Support the Development of the Bullion Bank

Jakarta – PT Pegadaian disclosed that it currently manages approximately 141 tonnes of gold from a range of products and services owned by the company. Pegadaian’s President Director Damar Latri Setiawan said the figure is viewed as a crucial capital to support the development of the bullion bank ecosystem or gold bank in Indonesia.

Damar explained that the gold under management comes from various sources, including bullion products, gold deposits, and public gold savings, which have continued to rise in recent years.

‘The gold we manage at present is around 141 tonnes. It consists of various types of bullion products, including gold deposits, working capital gold, bullion trading, and public gold savings,’ Damar said at the Launching Indonesia Bullion Ecosystem Roadmap in Jakarta on Friday (6 March 2026).

For expanding access to gold investment, Pegadaian also launched a digital application named Tring in October 2025. Through the app, the public can start saving gold with a minimum of Rp 10,000.

Damar noted that by the end of 2025, the app had been used by around 4.8 million users with total transactions reaching 21.2 million transactions.

From these activities, gold transactions amounted to around 4.8 tonnes, or about 50 per cent of Pegadaian’s total gold sales.

Besides digital services, Pegadaian is developing various supporting infrastructures for the national gold ecosystem, including strengthening the Galeri 24 product which produces gold bars. In 2025, Galeri 24’s gold production was 10.2 tonnes.

Damar added that strengthening the bullion bank ecosystem will be supported by the establishment of the Indonesia Bullion Market Association, involving around 11 companies in the national gold industry. This association is targeted to be formalised by June 2026.

According to him, the development of the bullion bank in Indonesia is expected to strengthen the national gold trading ecosystem while encouraging the public to use gold as an investment instrument.

‘With the bullion bank, we see great potential to strengthen the national gold ecosystem while improving public literacy for saving gold,’ said Damar.