Jakarta –
The President Director of PT Pegadaian, Damar Latri Setiawan, denied that gold was rare. According to Damar, currently there is an extraordinary surge in interest from the public in owning physical gold.
Damar said that all gold products run by Pegadaian use the principle of an underlying asset ratio of one to one.
“So, we say that the sharia principle must be one to one and we take that at Pegadaian. So, Pegadaian has all its gold products, the goods are already there, then we sell them. So, the one to one principle applies,” said Damar at Gade Tower, Central Jakarta, Friday (13/2/2026).
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Damar assesses that the scarcity of gold stock does not only occur in Pegadaian, but also in other gold galleries or boutiques. Many customers who previously had digital gold savings are now flocking to apply for physical copies.
“So, why was there a shortage yesterday? All physical (gold) is scarce, not only in pawnshops, maybe in the market there is also a scarcity and public interest in taking prints, which we think is of extraordinary interest. Those from online savings are making physical prints,” explained Damar.
Damar explained that the gold stock actually exists. However, the process of changing large gold bars into small sizes that people are interested in requires time at the factory or printing press.
“And to print this vision, of course, it requires a process of 1 kg or 12 kg being broken down into half a gram, one gram needs a process. Actually, there is no shortage, but it’s just that the printing process is a little late,” added Damar.
Previously, in an upload on Pegadaian’s Instagram account @pegadaian_id, there was a surge in demand for physical gold which simultaneously had an impact on the queue for the gold printing and collection process.
“Currently Pegadaian continues to optimize production and distribution, with the target of all pending requests being fulfilled by the end of February 2026,” wrote Pegadaian.
Customers’ gold liquidity remains safe and secure. For customers who need immediate funds, pawn services and Gold Savings buybacks are available through Pegadaian outlets and the Tring application. Pegadaian urges customers to remain calm, wise and invest in gold according to their individual needs and financial profile.
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date:2026-02-13 07:30:00