Indonesian Gold Ring Prices Hit All-Time Highs as Karat Purity Matters

The prices of gold rings vary depending on their karat purity and the seller. According to Raja Emas Indonesia and Laku Emas, two main references for gold ring prices in Indonesia, the current prices are as follows:

From 9K to 24K, the per-gram prices range from Rp778,000 to Rp2,324,000. For example, a 1 gram, 18K ring has a base value of around Rp1,572,000 per gram right now.

Retail gold shops typically add a charge on top of this base price, so a finished 1 gram, 18K ring is usually sold for around Rp1,700,000 to Rp1,950,000.

For those who aren’t comfortable holding physical gold jewelry, tokenized gold offers an alternative way to invest in gold online. On Pintu, tokens like PAXG and XAUT are backed 1:1 by real physical gold stored in certified custodian vaults (LBMA London for PAXG and Switzerland for XAUT).