List of 6 Bappebti Licensed Digital Physical Gold Traders in Indonesia

Digital gold trading boosts Indonesia’s gold reserves and offers new investment opportunities.

These traders are:

Bumi Resources
PT. Indofood Sukses Makmur
PT. Indofood Makmur
PT. Indofood Sukses Makmur

The Rise of Digital Physical Gold Trading in Indonesia

The Indonesian government has been actively promoting digital physical gold trading in the country. This move aims to increase the country’s gold reserves and provide a new investment opportunity for citizens. The Commodity Futures Trading Supervisory Agency (Bappebti) has been working closely with various stakeholders to develop and regulate the digital physical gold trading market.

Key Features of Digital Physical Gold Trading

Increased liquidity: Digital physical gold trading allows for more efficient and liquid trading, making it easier for investors to buy and sell gold. Reduced costs: The use of digital platforms reduces the need for intermediaries, resulting in lower transaction costs for investors. Improved transparency: Digital physical gold trading provides real-time information and transparent pricing, making it easier for investors to make informed decisions. * Increased accessibility: Digital physical gold trading makes it possible for investors to buy and sell gold from anywhere in the world, at any time. ### Benefits of Digital Physical Gold Trading for Indonesia**

Benefits of Digital Physical Gold Trading for Indonesia

The benefits of digital physical gold trading for Indonesia are numerous.

Digital-physical gold trading surges 556% in value over two years.

6 percent compared to the previous year’s 8.1 tons.

The Rise of Digital-Physical Gold Trading

The value of digital-physical gold trading has experienced a remarkable surge in recent years, with significant growth in both value and volume. This trend is largely driven by the increasing adoption of digital gold trading platforms and the growing demand for gold as a safe-haven asset.

Key Statistics

Value: Rp3 trillion (2024), Rp1 trillion (2023)

Volume: 9 tons (2024), 1 tons (2023)

Increase in value: 556%

Increase in volume: 6%

Drivers of the Growth

Several factors have contributed to the rapid growth of digital-physical gold trading.

Gold’s Value Soars Amid Rising Prices, Fuelling Transactions and Economic Growth.

“The rise in gold prices has made it more expensive for people to buy gold, but it has also made it more valuable for those who already own gold, which has led to an increase in the value of gold in transactions.”

The Rise of Gold in Transactions

The recent surge in transaction value in Indonesia has been attributed to several factors, including the increasing global gold prices. According to Tirta, the head of the Indonesian Gold and Silver Association, the rise in gold prices has led to an increase in the value of gold in transactions.

Key Factors Contributing to the Rise

Increasing global gold prices

Growing demand for gold in Indonesia

Improved infrastructure and transportation networks

Increased investment in the gold industry

The increasing global gold prices have had a significant impact on the Indonesian gold market. As the price of gold rises, the value of gold in transactions also increases. This has led to an increase in the number of transactions involving gold, as people seek to take advantage of the higher value.

The Role of Gold in Indonesian Transactions

Gold is still the preferred choice for transactions

Gold is used for various purposes, including jewelry, coins, and bars

Gold is also used as a store of value and a hedge against inflation

Tirta noted that gold is still the preferred choice for transactions in Indonesia, despite the rise in gold prices.

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