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Indonesians Keep 1,800 Tons of Gold 'Under Pillows', Says Minister

World Gold brief based on reporting byTempo.co English
Brief

Reported by Tempo.co English: “Indonesians Keep 1,800 Tons of Gold 'Under Pillows', Says Minister”. Gold settled at $4,571 an ounce on August 20, 2026 — $146.97 per gram, +0.57% on the day. The headline carries a figure: 1,800 Tons — quoted as published, not independently verified.

Why it matters

The development may change short-term gold-price expectations. Confirmation requires comparing the headline with COMEX, the dollar, yields and trading volume. Thirty sessions later gold traded at $4,162 an ounce, -8.95% versus the date of the report. That is an observation about the market, not a consequence of one headline.

Transmission channels
  • COMEX price
  • US Dollar Index
  • US 10Y yield
  • volume and momentum
What to watch next
  • price confirmation
  • trading volume
  • cross-asset reaction
  • official confirmation of 1,800 Tons
Methodology and transparency

This World Gold brief is based on the headline and available metadata. We do not reproduce the publisher's article or add unverified details. The price on the date of the report is our own data: the daily COMEX futures settlement, converted to grams at 31.1035 g per troy ounce.

Read the full report at the original publisherTempo.co English
Data on this topicGold price and reserves in IndonesiaGold price today by currency
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