Indonesia to Impose Up to 15% Gold Export Tax in 2026

Key Summary:
- Tax ranges from 7.5%–15%, depending on price & product
- Policy aims to boost state revenue and domestic refining
- Gold stocks saw net selling and broadly underperformed
The Indonesian government is planning to impose varying taxes on gold exports starting in 2026, which will be formally outlined in a Minister of Finance Regulation and targeted for completion by this year.
What’s the buzz? According to the Ministry of Finance (MoF), the proposed export tariffs will be progressive, adjusting in line with global gold prices or the Mineral Reference Price (HMA).