Purbaya Enacts New Regulation: Maximum Gold Export Duty Set at 15 Percent
Finance Minister Purbaya Yudhi Sadewa has officially issued a new regulation imposing export duties on gold under Minister of Finance Regulation (PMK) Number 80 of 2025. This policy was enacted on December 9, 2025, and took effect on December 23, 2025, remaining in force until explicitly revoked.
The export tariffs for gold are structured to range from 7.5 to 15 percent, calculated based on the global gold reference price. "To ensure the fulfillment of domestic needs and maintain the stability of commodity prices domestically, export goods may be subject to export duties," the regulation states in its introductory section, as quoted on Wednesday, December 10, 2025.
Additionally, the PMK outlines that the policy is intended to support the domestic mineral downstreaming program while ensuring the sustainability of the gold sector business. The export levies apply to several commodities, including dore, granules, gold, such as ingots or cast bars, and minted bars.
Under the new structure, if the world gold reference price falls between US$2,800 and below US$3,200 per troy ounce, gold exporters will face duties ranging from 7.5 to 12.5 percent. For prices above US$3,200 per troy ounce, the imposed tariffs increase to a range of 10 to 15 percent.
The specific types and corresponding amounts of the export duty rates, as detailed in the appendix of PMK 80 of 2025, are presented below.
Reference Price US$2,800-3,200 per Troy Ounce
1. Dore types in the form of lumps, ingots, cast bars, and other composite forms (tariff established at 12.5%).
2. Gold or gold alloys in the form of untempered granules and other forms, excluding dore (10%)
3. Gold or gold alloys in the form of untempered lumps, ingots, and cast bars, excluding dore (7.5%)
4. Minted bars (7.5%)
Reference Price US$3,200 per Troy Ounce and Above
1. Dore types in the form of lumps, ingots, cast bars, and other composite forms (tariff set at 15%)
2. Gold or gold alloys in the form of untempered granules and other forms, excluding dore (12.5%)
3. Gold or gold alloys in the form of untempered lumps, ingots, and cast bars, excluding dore (10%)
4. Minted bars (10%)
Source: https://en.tempo.co/