Export Duty on Gold Set, Rates Linked to World Prices

Finance Minister Purbaya Yudhi Sadewa signed Ministerial Regulation (PMK) No 80/2025 imposing an export duty on gold. The rule takes effect 14 days after its announcement on 9 December 2025. The regulation was issued in Jakarta.

The duty aims to secure domestic gold supply, stabilise commodity prices, and support the hilirisasi (down‑stream processing) program for mineral products. Tariffs are set according to a reference price per troy ounce – USD 2,800‑3,200 for column 1 and above USD 3,200 for column 2. The duty is calculated ad valorem, i.e., a percentage of the export value determined by the Directorate General of Customs and Excise.

Exporters will incur an additional cost based on the declared export price. Linking the rate to international prices seeks to balance domestic needs with export competitiveness. Gold businesses must adjust customs reporting procedures accordingly.