Indonesia · IDR · April 2025

Gold Price in Indonesia — April 2025

In April 2025, the gold price in Indonesia closed at approximately Rp55,706,394 per troy ounce, equivalent to Rp20,890,233 per tola or Rp1,791,001 per gram. This represents a +3.43% change on the month (Rp53,856,602 open → Rp55,706,394 close).

+3.43% on the month

Open

Rp53,856,602

per troy ounce

Close

Rp55,706,394

per troy ounce

High

Rp58,586,069

per troy ounce

Low

Rp50,594,716

per troy ounce

All unit prices at April 2025 close — Indonesia

UnitWeightClosing IDR price
Troy ounce31.1035 gRp55,706,394
Gram1.0000 gRp1,791,001
10 grams10 gRp17,910,008
Kilogram1,000 gRp1,791,000,810
Tola11.664 gRp20,890,233
IDR prices computed from XAU/USD ($3,328.16/oz close) × 2025-end IDR/USD rate (16,737.9205). Pure metal value only — excludes local taxes and dealer making charges.

Karat-purity breakdown at April 2025 close

KaratPer gramPer tola
24KINDONESIA STDRp1,789,210Rp20,869,343
22KRp1,640,557Rp19,135,454
21KRp1,567,126Rp18,278,954
18KRp1,343,251Rp15,667,675
14KRp1,047,735Rp12,220,787
10KRp746,847Rp8,711,227

Daily gold price in IDR — April 2025

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April 2025 gold market: Gold explodes to records as tariffs hit

Bullish

A historic surge to records as tariffs met returning ETF demand.

April was one of the year's pivotal months. Sweeping new US 'reciprocal' tariffs at the start of the month roiled global markets and sent gold to repeated record highs — toward roughly $3,500 — on three reinforcing forces: relentless central-bank buying, the strong return of ETF investors, and a spike in geopolitical and trade risk.

The April rally is best understood as three engines firing together. First, central banks — buying above 1,000 tonnes a year — kept diversifying reserves away from the dollar. Second, Western ETF investors, absent for years, moved money back into gold in size. Third, the tariff shock and assorted international conflicts drove acute safe-haven demand. With structural, price-insensitive buyers and tactical traders all pulling the same direction, gold entered a near-vertical, historic rally.

What drove gold in April 2025

  • sweeping US 'reciprocal' tariffs (early April)
  • record central-bank buying
  • strong return of ETF inflows
  • geopolitical risk and market turmoil
Themes#Trump tariffs#ETF inflows#all-time high#central-bank demand

Key events in April 2025

  1. Apr 2US announces sweeping 'reciprocal' tariffs; markets roil
  2. Apr 22Gold spikes to a record near $3,500/oz

What happened next

After such a vertical move, May brought a healthy correction as traders banked profits.

For gold buyers in Indonesia

April showed why 2025 was different: with central banks, ETFs and safe-haven buyers all active at once, dips were shallow and records routine.

The 2025 gold market: Continued bull market and de-dollarization signals

2025 saw gold continue its bull market with prices reaching new highs above $3,000/oz. BRICS+ expansion (UAE, Iran, Egypt, Ethiopia) accelerated. Central-bank buying remained at record levels. The era of structural gold appreciation continued through the year.

Key drivers in 2025

Continued central-bank buying, BRICS+ settlement infrastructure, USD reserve share declining, AI-era productivity boom

2025 XAU/USD high

Above $3,000

2025 XAU/USD low

$2,580 (approx)

Era context — The modern bull market (2019 to today)

Gold's second major bull market of the 21st century. Driven by COVID stimulus, Russia sanctions, central-bank accumulation at record levels, and the structural shift toward a multi-polar reserve system. New all-time highs reached repeatedly since 2020.

The Indonesia gold market

Indonesia's retail gold market quotes per gram. PT Aneka Tambang (Antam) is the state-owned mint whose certified bars dominate the investment-grade segment. Most retail jewellery is 22K or 24K. Indonesia exempts investment gold from VAT but applies it to jewellery making charges.

Standard quote unit

gram

Common purity

24K

Currency

IDR (Rp)

Daily gold price — April 2025, Indonesia

How Indonesia gold prices are calculated on this page

Source. The international XAU/USD spot price comes from gold-api.com's historical archive (London PM-fix benchmark). The IDR/USD exchange rate comes from exchangerate-api.com's 2025 year-end snapshot.

Conversion. Every IDR figure on this page is computed as XAU/USD price × IDR/USD rate. We use the year-end exchange rate consistently across all April 2025 prices on this page.

Per-unit math. Per-gram = per-ounce ÷ 31.1035. Per-tola = per-gram × 11.664. Per-10g = per-gram × 10. Per-kilo = per-gram × 1000. Karat values multiply per-gram by the purity ratio (24K = 0.999, 22K = 0.916, 21K = 0.875, 18K = 0.750, 14K = 0.585, 10K = 0.417).

What this page does NOT include. Local sales tax / VAT, customs duty on imports, dealer making charges, jewellery design premiums, or coin numismatic premiums. To go from this pure-metal value to a final retail rate in Indonesia, add the country-specific levies described in the “Indonesiagold market” section above.

FAQ — Indonesia gold price in April 2025

What was the gold price in Indonesia in April 2025?

In April 2025, gold in Indonesia opened at Rp53,856,602/oz and closed at Rp55,706,394/oz — a move of +3.43% on the month. Per tola: ≈Rp20,890,233; per gram: ≈Rp1,791,001; per 10g: ≈Rp17,910,008.

What was the 24K gold rate per tola in Indonesia in April 2025?

The 24K gold rate per tola in Indonesia at the April 2025 close was approximately Rp20,890,233, derived from international XAU/USD spot of $3,328.16/oz times the 2025-end IDR/USD exchange rate of 16,737.9205. This is pure metal value; final retail rates include local taxes and dealer making charges.

What was the 24K gold rate per gram in Indonesia in April 2025?

Indonesia's most-quoted retail standard is 24K per gram. At the April 2025 close, that worked out to approximately Rp1,789,210 (24K pure-metal value). Add local taxes and making charges for the final retail rate.

How was the local currency price calculated?

IDR prices on this page are computed from the verified international XAU/USD spot price for April 2025 (sourced from gold-api.com), multiplied by the 2025-end IDR/USD exchange rate from exchangerate-api.com. We use year-end rates as a single reference point for the entire month — for most stable currencies the within-year FX drift is small, but during currency crises (PKR 2022–23, TRY 2022, ARS 2024 etc.) the actual mid-month rate may differ.

Why does the retail price in shops differ from this number?

The Rp figures here represent the international gold spot price converted to IDR at the 2025-end exchange rate. Indonesia's retail jewellers add (1) import duties and sales tax (varies by SKU and karat), (2) dealer making charges (typically 3–12% of metal value), and (3) a small premium for purity certification on bars. Always verify the exact day's retail rate with a reputable local dealer before transacting.

Want today's rate in Indonesia? See live gold prices in Indonesia with minute-by-minute updates and per-karat breakdowns.

Different month or year? Use the prev / next buttons above, or jump to the full 2025 archive or the USD-only April 2025 page with the country-by-country list at the bottom.

Other markets? Compare April 2025 prices across other major gold-trading countries: Malaysia, Singapore, Thailand, Philippines, Vietnam, Australia.

Disclaimer: Historical gold prices on this page reflect the international XAU/USD spot price for the requested period, converted to IDR at the 2025-end exchange rate. They are intended for informational and educational use only and do not constitute investment advice or a price quote for buying or selling physical gold today. Always verify current local rates with a reputable bullion dealer in Indonesia before transacting.