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Gold ETF to boost Indonesia's position as investment hub: minister
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ANTARA News - Latest Indonesia News
Gold ETF to boost Indonesia's position as investment hub: ministerRelated news: Bullion banks usher new era of gold management in IndonesiaJakarta (ANTARA) - Indonesia’s newly launched Gold Exchange-Traded Fund (Gold ETF) will strengthen the country’s position as a gold investment hub, Coordinating Minister for Economic Affairs Airlangga Hartarto said on Tuesday.Airlangga emphasized the importance of strengthening Indonesia’s gold investment ecosystem, adding that the government would continue to promote the sector, including through the launch of the Gold ETF, which he described as a key investment instrument.
“The Gold ETF is also a key instrument launched by OJK.
Previously, Singapore was still ahead, but now, with the establishment of the bullion bank, we have surpassed them,” he stressed.He added that gold remains an important investment instrument and a safe-haven asset amid economic uncertainty, while the public has increasingly recognized the benefits of gold investment through Pegadaian.
“This is a positive step taken by Indonesia, especially amid the current uncertainty, as gold has always been a safe haven for investors,” Airlangga said.
Translator: Muhammad Harianto, Kuntum KhairaEditor: PrimayantiCopyright © ANTARA 2026