Gold Price Surge Boosts Sharia Banking Gold Financing

Rising Gold Prices Drive Financial Product Growth

The recent surge in gold prices to Rp 2.396 million per gram has created a positive environment for Sharia banks' gold financing products. As of November 13, 2025, the price increased by Rp 29,000 per gram compared to the previous trading day, continuing a week-long upward trend that saw a total increase of Rp 136,000. This price movement has been beneficial for Islamic banking products linked to gold investments.

Market Context and Price Movement

The gold price reached its highest level since October 21, 2025, as reported by logammulia.com. The consistent rise in gold prices has been a key factor in boosting gold financing in Sharia banks. Investors and customers are increasingly turning to gold as a safe-haven asset, thereby increasing demand for gold financing products offered by Sharia banks.

Impact on Sharia Banking Products

The growth in gold prices directly influences the performance of gold-backed financing products in Sharia banks. As the value of gold rises, the attractiveness of these financial products increases, potentially leading to higher demand and better portfolio performance for the banks offering them. This trend is likely to continue as long as gold prices remain high or continue to rise.