Indonesia’s National Gold Bank has amassed approximately 153 tonnes of gold since its inception, according to data from the Coordinating Ministry for Economic Affairs.
The figure, cited by Deputy Minister Ferry Irawan, reflects the scale of uptake in the state-backed bullion ecosystem over the 17 months following its launch in February 2025.
The accumulation underscores a broader policy effort to formalize and expand domestic gold savings.
By channeling retail and institutional demand into a centralized state vehicle, Jakarta aims to strengthen the local bullion market and potentially reduce the outflow of foreign exchange used for gold imports.
The scheme serves as a critical infrastructure layer for the country’s precious metals sector, providing a secure, regulated avenue for citizens to hold physical gold exposure.
This development aligns with previous reporting on the scheme’s rapid growth.