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🇮🇩 Silver Price Today in Indonesia | Rp1,065,694
Live silver price in Indonesian Rupiah (IDR) — updated every minute
Last updated: Jun 18, 2026, 08:50 PM ET
Per Gram (IDR)
Rp34,262.8322
Per Troy Oz (IDR)
Rp1,065,694.00
Per Kg (IDR)
Rp34,262,832
USD/Silver Spot
$65.38/oz
USD/IDR Rate
1 USD = 16300 IDR
Gold/Silver Ratio
64.1:1
Silver Market in Indonesia
Indonesia is both a significant silver producer and consumer. PT Antam (Aneka Tambang), the state-owned mining company, is the most trusted source of investment silver bars in the country and operates retail silver boutiques in major cities. Bank Indonesia holds approximately 78 tonnes in silver reserves.
Why do people in Indonesia invest in silver?
Indonesian investors value silver for its stability against the historically volatile rupiah. silver is deeply embedded in Javanese and Balinese traditions, particularly for weddings and ceremonial gifts. Antam silver bars (branded "LM") carry the highest trust among Indonesian retail investors due to government backing and widespread recognition.
Frequently Asked Questions — Silver in Indonesia
What is the silver price in Indonesia today in rupiah?
Indonesia silver prices are quoted in IDR per gram by Antam, Pegadaian, and online platforms. The price includes international spot converted at USD/IDR plus value-added tax (PPN) of 11%.
What is Antam silver (Logam Mulia)?
Antam (PT Aneka Tambang) produces the "LM" (Logam Mulia) brand of 999.9 silver bars in sizes from 0.5g to 500g. These bars are the most trusted and liquid investment silver product in Indonesia, backed by a state-owned enterprise.
Is there PPN (VAT) on silver in Indonesia?
Yes. silver jewellery and investment silver bars in Indonesia are subject to 11% PPN (Pajak Pertambahan Nilai). This significantly increases the cost compared to VAT-exempt jurisdictions like Singapore.
Can I buy silver at Pegadaian in Indonesia?
Yes. Pegadaian (state-owned pawnshop) offers silver savings products (Tabungan Emas) where customers can accumulate silver from as little as 0.01 grams. This makes silver accessible to millions of lower-income Indonesians.