JAKARTA -- Indonesia will impose an export tax on gold products by the end of next year, a senior finance ministry official said on Monday, with the aim to revitalize the domestic processing industry.
Commodities
Indonesia to impose export tax on gold products next year
Nation has witnessed big moves in prices of commodity and gold-linked securities
A staff member shows a one-kilogram gold bar at the Galeri 24 gold and jewelry shop in Jakarta. The Indonesian government announced on Nov. 17 that it would impose export duties on gold products next year. © Reuters
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