OJK Nears Completion of Bullion Roadmap to Boost Gold Sector

Comprehensive Framework for Gold Ecosystem Development

The Financial Services Authority (OJK) is in the final stages of completing the Bullion Roadmap, a strategic plan designed to strengthen Indonesia's gold-based financial sector ¹

. The roadmap, being developed in collaboration with various ministries, agencies, and industry stakeholders, aims to create a comprehensive ecosystem for gold-related activities. OJK Executive for Supervision of Financing Institutions Agusman stated that the roadmap is expected to be released soon, providing guidance for the development of the gold sector.

Positive Impact on Pawnbroking Industry

The recent surge in gold prices is viewed positively by OJK for the pawnbroking industry, as it increases the value of collateral and potentially boosts lending ²

. According to Agusman, the rising gold prices allow for higher appraisal values of collateral, enabling pawnbroking companies to extend more credit to the public. However, OJK emphasizes the importance of risk management through diversification of collateral to mitigate the risks associated with gold price volatility.

Current State of Bullion Industry

As of October 2025, PT Pegadaian, a state-owned pawnbroking company, reported positive performance in its bullion business, managing 28.78 tons of gold ²

. OJK noted that other financial institutions have not yet applied for licenses to operate in the bullion sector, citing the need for market study, infrastructure preparation, and compliance with regulatory requirements.

Future Prospects

The completion of the Bullion Roadmap is expected to provide a clear direction for the development of Indonesia's gold ecosystem, supporting its contribution to the national economy. OJK continues to coordinate with various stakeholders to ensure the roadmap is comprehensive and integrated.