Where Indonesia Checks the Gold Price



Current Gold Holdings


Future Gold Price

Current Silver Holdings


Future Silver Price

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The Holdings Calculator permits you to calculate the current value of your gold and silver.

  • Enter a number Amount in the left text field.
  • Select Ounce, Gram or Kilogram for the weight.
  • Select a Currency. NOTE: You must select a currency for gold first, even if you don't enter a value for gold holdings. If you wish to select a currency other than USD for the Silver holdings calculator.

The current price per unit of weight and currency will be displayed on the right. The Current Value for the amount entered is shown.

Optionally enter number amounts for Purchase Price and/or Future Value per unit of weight chosen.

The Current and Future Gain/Loss will be calculated.

Totals for Gold and Silver holdings including the ratio percent of gold versus silver will be calculated.

The spot price of Gold per Troy Ounce and the date and time of the price is shown below the calculator.

If your browser is configured to accept Cookies you will see a button at the bottom of the Holdings Calculator.

Pressing the button will place a cookie on your machine containing the information you entered into the Holdings Calculator.

When you return to the cookie will be retrieved from your machine and the values placed into the calculator.

A range of other useful gold and silver calculators can be found on our Calculators page

Gold Price Calculators

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Gold Price Indonesia

(Indonesian Rupiah)

Conversion : 1 troy ounce = 31.1034768 grams

Indonesian Rupiah 24 Hour Spot Gold and Silver Price

To learn about our gold price data


Gold Price Indonesia

Indonesia is officially known as the Republic of Indonesia. The nation is a transcontinental country located in Southeast Asia. In addition, the country also has some territories in Oceania. Indonesia is the largest island country in the world, and it has an approximate population of 261 million. This makes the nation one of the most populous in the world. Indonesia’s government is a unitary presidential constitutional republic.

The Indonesian Rupiah is the official currency of Indonesia. The word rupiah is ultimately derived from the Sanskrit “rupya” which means wrought silver. Like many other global currencies, the rupiah can be subdivided into 100 smaller units of currency called sen. These smaller units have become obsolete, however, due to inflation.

The Indonesian Rupiah is issued and controlled by the central bank of Indonesia, known as Bank Indonesia. The central bank was established in 1953 from the nationalism of De Javasche Bank, three years after Indonesia’s independence from The Netherlands was recognised. The bank has several primary objectives, including but not limited to price stability, maintenance of the payment system, monetary management and more.

If you are looking to purchase gold in Indonesia, you will likely see prices quoted by the ounce, gram or kilo in the local currency. Prices may also be available in other key global currencies such as U.S. Dollars, Japanese Yen, Great British Pounds or euros.

Indonesia has the largest economy in the region and is considered and emerging market economy. Some of the nation’s main areas of industry include natural gas and petroleum, textiles, machinery, software, rubber, apparel, cement and hardware. Indonesia is a member of the G-20, and it is in the top 10 worldwide in terms of GDP. The country has seen significant foreign investment since the 90s.

Indonesia is home to the world’s largest gold mine and the second largest copper mine. The Grasberg Mine is located in the Papua Province near the largest mountain in Papua, known as Puncak Jaya. The mine’s primary owner is mining giant Freeport-McMoran, and the company employs nearly 20,000 workers at the mine. The company maintains its ownership stake through several of its subsidiaries. For financial year 2016, the mine reportedly produced some 1,061,000 ounces of gold.

Indonesia has a significant gold jewelry market, and demand for gold jewelry can have a significant impact on the price of gold in Indonesia. In addition, gold may also be sought out by investors. Not only does gold have the potential for significant price appreciation, but it may also potentially provide a hedge against a number of economic and geopolitical issues such as inflation, deflation, declining paper currency values and more.

The Antam refinery’s fine gold and silver products are certified by the LBMA (London Bullion Market Association). The company has the capability to refine gold to a purity of 999.9 percent fineness. The refinery also has the capability to produce 60 tons (1.9 million toz) of internationally accredited gold on an annual basis.