00:00Fahmi Radi, Executive Director of Gejah Mada University, welcomes the positive development of gold banking in Indonesia.
00:12According to Fahmi, the existence of gold banking services will be an inseparable part of the gold mining ecosystem in Indonesia.
00:21In the market review program of IDX Channel, Fahmi Radi said that the development of gold banking services is correct and important for now.
00:29Considering Indonesia's position as one of the largest gold reserves in the world.
00:35According to Fahmi, gold banking will play an important role in the globalization of gold mining in Indonesia.
00:40Where the policy of globalization of gold mining supported by gold banking is expected to be able to support the export of globalized gold mining products in Indonesia
00:49from what so far has only exported gold in the form of concentrates.
00:54Gold that is owned by Indonesia.
00:57So, gold banking is an ecosystem that is inseparable from the gold products produced in Indonesia.
01:07Because our gold reserves are quite large.
01:12Around 2,600 tons per year.
01:15This is the sixth in the world.
01:17But our gold reserves are only 78.3 tons per year.
01:23This means that the indication that more gold is being exported is correct.
01:29And unfortunately, the gold that is being exported is not the gold that was previously mined.
01:37Yes, of course, the launch of gold banks in Indonesia, which we have also witnessed,
01:42by President Prabowo Subianto, is said to be the first initiative or strategic step in Indonesia's history.
01:50And this is said to be one of the steps to then promote or create an ecosystem of the noble community,
01:57or gold to be more alive in the community.
01:59And even the community is encouraged to be able to use the services of this gold bank itself
02:04to then be an alternative for the community to be able to save or even borrow through the gold community.
02:11We certainly hope that the infrastructure, strategies, and regulations are all well-planned.
02:18And the control in the future, don't let the existence of gold banks make people only keep gold,
02:24but also don't pay attention to the trading, so that the liquidity will be disturbed.
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