Indonesia · IDR · September 2025
Gold Price in Indonesia — September 2025
In September 2025, the gold price in Indonesia closed at approximately Rp64,814,249 per troy ounce, equivalent to Rp24,305,734 per tola or Rp2,083,825 per gram. This represents a +10.96% change on the month (Rp58,412,865 open → Rp64,814,249 close).
Open
Rp58,412,865
per troy ounce
Close
Rp64,814,249
per troy ounce
High
Rp64,814,249
per troy ounce
Low
Rp58,412,865
per troy ounce
All unit prices at September 2025 close — Indonesia
| Unit | Weight | Closing IDR price |
|---|---|---|
| Troy ounce | 31.1035 g | Rp64,814,249 |
| Gram | 1.0000 g | Rp2,083,825 |
| 10 grams | 10 g | Rp20,838,250 |
| Kilogram | 1,000 g | Rp2,083,824,953 |
| Tola | 11.664 g | Rp24,305,734 |
Karat-purity breakdown at September 2025 close
| Karat | Per gram | Per tola |
|---|---|---|
| 24KINDONESIA STD | Rp2,081,741 | Rp24,281,429 |
| 22K | Rp1,908,784 | Rp22,264,053 |
| 21K | Rp1,823,347 | Rp21,267,517 |
| 18K | Rp1,562,869 | Rp18,229,301 |
| 14K | Rp1,219,038 | Rp14,218,855 |
| 10K | Rp868,955 | Rp10,135,491 |
Daily gold price in IDR — September 2025
September 2025 gold market: A weak dollar powers the rally on
BullishDollar weakness — gold's most reliable tailwind — drove it higher.
Gold remained strong in September as the US dollar weakened significantly through 2025 — one of the most reliable relationships in markets is that a falling dollar lifts gold. Reviving rate-cut expectations and continued investment demand reinforced the sustained bullish trend.
What drove gold in September 2025
- significant US dollar weakness
- Fed rate-cut expectations
- continued investment demand
- central-bank buying
Key events in September 2025
- Sep 17Fed signals/begins easing; dollar weakens, gold strengthens (verify date)
What happened next
Momentum and an actual rate cut carried gold to the historic $4,000 milestone in October.
For gold buyers in Indonesia
September leaned on gold's most dependable driver: when the dollar falls, gold tends to rise — and in 2025 the dollar fell hard.
Key terms this month
- Dollar–gold inverse relationship:
- Gold is priced in US dollars, so a weaker dollar generally makes gold cheaper for other currencies and lifts its price — one of the strongest relationships in markets.
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 — September 2025, Indonesia
Rp58,412,865
$3,489.85/oz
Rp59,263,955
$3,540.70/oz
Rp59,908,365
$3,579.20/oz
Rp59,645,580
$3,563.50/oz
Rp60,266,558
$3,600.60/oz
Rp60,043,942
$3,587.30/oz
Rp60,207,890
$3,597.10/oz
Rp61,038,175
$3,646.70/oz
Rp61,508,175
$3,674.78/oz
Rp61,223,965
$3,657.80/oz
Rp61,082,446
$3,649.35/oz
Rp61,220,620
$3,657.60/oz
Rp60,991,307
$3,643.90/oz
Rp61,043,196
$3,647.00/oz
Rp61,695,975
$3,686.00/oz
Rp61,984,537
$3,703.24/oz
Rp62,059,188
$3,707.70/oz
Rp61,481,813
$3,673.21/oz
Rp61,700,996
$3,686.30/oz
Rp61,695,975
$3,686.00/oz
Rp61,809,793
$3,692.80/oz
Rp62,768,877
$3,750.10/oz
Rp63,457,725
$3,791.26/oz
Rp63,269,339
$3,780.00/oz
Rp62,969,732
$3,762.10/oz
Rp63,336,291
$3,784.00/oz
Rp62,946,297
$3,760.70/oz
Rp63,150,498
$3,772.90/oz
Rp64,189,925
$3,835.00/oz
Rp64,814,249
$3,872.30/oz
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 September 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 September 2025
What was the gold price in Indonesia in September 2025?
In September 2025, gold in Indonesia opened at Rp58,412,865/oz and closed at Rp64,814,249/oz — a move of +10.96% on the month. Per tola: ≈Rp24,305,734; per gram: ≈Rp2,083,825; per 10g: ≈Rp20,838,250.
What was the 24K gold rate per tola in Indonesia in September 2025?
The 24K gold rate per tola in Indonesia at the September 2025 close was approximately Rp24,305,734, derived from international XAU/USD spot of $3,872.30/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 September 2025?
Indonesia's most-quoted retail standard is 24K per gram. At the September 2025 close, that worked out to approximately Rp2,081,741 (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 September 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 September 2025 page with the country-by-country list at the bottom.
Other markets? Compare September 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.