GFN – JAKARTA According to Bloomberg Febrio Nathan Kacaribu, director general of fiscal economic strategy at the Ministry of Finance, told lawmakers that the policy is in its “final stage.” He said the duty will vary by product type. When gold trades between 2,800 and 3,200 dollars per ounce, duties will range from 7.5 percent to 12.5 percent. If the price exceeds 3,200 dollars, the rate increases to 10 percent to 15 percent. Febrio noted that “dore, nuggets, ingots, or cast bars” will face the highest levy, while minted bars will face the lowest.

improving domestic #refining industry than sending to dubai / hongkong/ swiss as raw rock