Long queue at Pegadaian for physical gold amid surging demand, with staff handing out bars and price displays.
Long queue at Pegadaian for physical gold amid surging demand, with staff handing out bars and price displays.
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Pegadaian acknowledges surge in physical gold demand and guarantees supply

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Pegadaian has confirmed a surge in demand for physical gold, leading to long queues for printing and collection. The company guarantees every transaction is backed 1:1 by physical gold stored securely. Gold bar prices for UBS and Galeri24 rose to Rp2.972.000 and Rp2.958.000 per gram on February 8, 2026.

Pegadaian has informed that gold deposited with the company is fully guaranteed on a 1:1 basis. Every gram of transactions in products like Tabungan Emas and Cicil Emas is backed by equivalent physical gold, stored in international-standard vaults and periodically audited by the Financial Services Authority (OJK).

The surge in physical gold demand has caused long queues for printing and collection processes. Pegadaian is optimizing production according to customer-requested denominations, though production and distribution take time. As a commitment, the company is increasing production capacity and accelerating distribution, aiming to fulfill all pending demands by the end of February 2026.

For customers needing quick funds, Pegadaian offers pawn or buyback services for Tabungan Emas via outlets or the TRING! app. The company urges customers to remain calm, invest wisely, and consider their financial profiles.

Meanwhile, UBS gold bar prices reached Rp2.972.000 per gram and Galeri24 Rp2.958.000 per gram on Sunday (8/2/2026) at 07:47 WIB, up from Rp2.961.000 and Rp2.946.000 the previous Saturday. These prices may change at any time. Galeri24 gold is available from 0.5 grams to 1 kg, while UBS goes up to 500 grams.

What people are saying

Discussions on X highlight customer frustrations with long queues and delays in printing physical gold at Pegadaian amid surging demand. Pegadaian assures 1:1 physical gold backing under OJK supervision, targeting resolution by late February. Media reports confirm the supply guarantee and note UBS gold at Rp2.972.000/gram and Galeri24 at Rp2.958.000/gram on February 8. Sentiments include skepticism from users, reassurances from Pegadaian, and neutral price updates.

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