Indonesia Stands Out with Consumption and Supply Surplus Emas

Indonesia has long been known as one of the largest gold producing countries in the world, especially with large mines such as Grasberg in Papua. This mining potential means that Indonesia is able to produce gold in significant quantities, so that it not only meets domestic needs, but also allows for exports which have a positive impact on the country's foreign exchange. Data shows that gold mining production capacity in Indonesia continues to increase along with technological development and new mine exploration.

On the other hand, gold consumption in Indonesia has also increased. Gold is in great demand by the public, both for jewelry, investment and savings needs. This trend is triggered by the public's high interest in investment instruments that are considered stable amidst economic uncertainty. Gold is considered a safe haven asset, which remains in demand despite fluctuations in exchange rates or inflation. This encourages high demand for gold in the domestic market, which can be supplied by domestic production.

With its surplus gold supply, Indonesia has a big advantage, especially in meeting local market demand without having to depend on imports. This condition provides stability in the domestic gold trading sector and opens up export opportunities to international markets. Furthermore, this surplus strengthens Indonesia's position in the global gold market and becomes an economic driver, especially in uncertain economic conditions at the global level.