CommoditiesMedium•4 October 2026•
1 min read
Indonesia to Impose 15% Gold Export Tax to Boost Domestic Value
Key Facts
1Indonesia plans to impose a 15% tax on gold exports starting in 2026 to capture more domestic value.
2China's central bank extended its streak of net gold purchases to 22 consecutive months as of August.
3Morgan Stanley views the $4,000 level as a strong price floor for the yellow metal.
Indonesia plans to impose a 15% tax on gold exports starting in 2026 to capture more domestic value. Reuters reported that this move coincides with China's central bank extending its streak of net gold purchases to 22 consecutive months as of August, signaling a long-term shift in reserve management.
Morgan Stanley views the $4,000 level as a strong price floor for the yellow metal amid these structural supply changes in Asia. Regarding major financial instruments, MS closed at $190.31 and BAC closed at $53.75 on October 2, 2026, while GS finished the same session at $902.56.