Gold bug bites Indonesia as flight to safety goes mainstream

Precious metal emerges as alternative haven asset to US dollar for individuals

20250919N Indonesia Gold 1

A shop in Jakarta that deals in gold jewelry sees a steady flow of customers. (Photo by Tomoyoshi Oshikiri)

TOMOYOSHI OSHIKIRI and REZHA HADYAN

JAKARTA -- In Indonesia, the world's eighth-largest gold producer, the precious metal is becoming part of ordinary people's investments chip by chip and necklace by necklace.

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