Indonesia Imposes Gold Export Tax: Impacting Market Dynamics

Indonesia will impose a 7.5% to 15% export tax on gold by 2026, aiming to increase domestic processing and liquidity. This new policy, spearheaded by Director General of Indonesia’s Ministry of Finance Febrio Kacaribu, focuses on boosting production value while incentivizing local refining infrastructure. While the move aims to bolster domestic gold processing, it may disrupt current export levels, sparking debate among experts.