Is Gold cheap in Indonesia?

Is gold cheaper in Indonesia than india?

Indonesian Rupiah to India Rupee conversion rate: 1 = 0.0051 . 1 Indonesian Rupiah (IDR) equals to 0.0051 Indian rupee (INR).

22 Karat Gold Price in Indonesia (RI)

Weight Gold Price in Indonesian Rupiah (IDR) Converted to Indian Rupees (INR)
1 Gram 767,588.00 IDR ₹3,914.70

Can we buy gold in Indonesia?

Gold trading is widespread in Indonesia, and there is no restriction or price control over in buying and selling of gold. Online gold trading is gaining traction among the younger generation of investors in Indonesia, and it is gaining in popularity as an investment vehicle.

What is the gold rate today in Indonesia?

The following table shows the latest gold price in Indonesia in Indonesian Rupiah (IDR) per ounce.

Gold price in Indonesia.

Gold Unit Gold Price in Indonesian Rupiah (IDR) Gold Price in U.S. Dollar (USD)
Gold Gram 24K 841,805.33 58.30
Gold Gram 22K 771,865.55 53.45

How much gold per gram in Indonesia?


GRAMS Indonesia Gold Price per Gram [IDR] in Indonesian rupiah Change
1 GRAM GOLD 24K 822,055.32 14.63
GRAM 22K 754,646.78 13.43
GRAM 21K 719,298.40 12.80
GRAM 18K 616,541.49 10.97
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What is the price of milk in Indonesia?

Cost of Living in Indonesia

Restaurants Edit
Coke/Pepsi (12 oz small bottle) 8,532.34Rp
Water (12 oz small bottle) 4,206.51Rp
Markets Edit
Milk (regular), (1 gallon) 69,467.74Rp

Can we take gold from Indonesia to India?

It has written to the commerce department to take up the matter with Indonesia. Under the India-Asean FTA, gold jewellery can be brought at a duty of two per cent, against 15 per cent from other countries.

Where is gold found in Indonesia?

The Grasberg mine has the largest reserve of gold and the second-largest reserve of copper in the world. It is located in Mimika Regency, Papua, Indonesia near Puncak Jaya, the highest mountain in the country. It has 19,500 employees.

Grasberg mine.

Financial year 2016

How do I know how much my gold is worth?


  1. To get the gram price, divide $400 by 31. (1 troy ounce equals approximately 31 gm).
  2. Thus, $400/31 = approximately $13 per gm.
  3. To get the pure gold price for the item, multiply 3 gm times $13.
  4. Thus, 3 x $13 = $39.
  5. To get the 14K gold price for the item multiply $39 by 0.6.
  6. Thus, $39 x 0.6 = $23.40.

How much is 10grams of gold worth?

Current Gold Gram Bar Values

Description Gold Value (USD)
10 gram gold bar $557.53
20 gram gold bar $1115.06
50 gram gold bar $2787.66
100 gram gold bar $5575.32

What is the gold price today in Malaysia?

Malaysia Gold Rate Today

Quantity 24K Gold Rate 22K Gold Rate
1 Gram MYR 252.00 MYR 242.00
1 Tola MYR 2,939.28 MYR 2,822.64
10 Grams MYR 2,520.00 MYR 2,420.00
1 Sovereign MYR 2,016.00 MYR 1,936.00
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