Methodology & Data Disclaimer
Understanding how IDBullion aggregates, calculates, and presents market intelligence data for the Indonesian gold industry.
1 Data Collection Mechanism
IDBullion utilizes a proprietary Automated Market Aggregation Engine that monitors publicly available pricing data from major bullion dealers, digital gold platforms, and global spot markets.
- Automated Indexing: Our system periodically queries public price lists from respective vendor websites to ensure real-time accuracy.
- Manual Verification: Specific indicators, such as Supply Chain Availability and Market Sentiment, are curated manually by our in-house analysts based on direct field observation and industry network.
- Global Benchmarks: International spot prices are derived from LBMA (London Bullion Market Association) and real-time forex feeds to ensure standardized calculation.
2 Calculation Standards
A. Currency Conversion
All USD to IDR conversions are based on the latest available spot exchange rate (Interbank Rate). Please note that actual physical transaction rates at money changers or banks may vary (Spread).
B. Unit Standardization
Global markets trade in Troy Ounces (oz), while the Indonesian market uses Grams (g).
1 Troy Oz = 31.1034768 Grams
C. Premium / Spread Calculation
The "Premium" percentage displayed represents the difference between the vendor's selling price and the intrinsic value of the gold based on the Global Spot Price.
3 Disclaimer & Liability
Please Read Carefully:
- Helicopter View Purpose: IDBullion is a market intelligence and aggregation tool designed to provide a "Helicopter View" of the Indonesian gold market. We are not a financial institution, investment advisor, or gold retailer.
- Data Accuracy: While we strive for real-time accuracy, price updates on vendor websites may occur faster than our aggregation cycles. Always verify the final price on the official website of the respective brand/vendor before making a transaction.
- No Affiliation: IDBullion is an independent platform. We are not affiliated with, endorsed by, or sponsored by PT Antam Tbk, Pegadaian, Treasury, or any other brands listed on this site. All trademarks belong to their respective owners.
- Limitation of Liability: IDBullion and its operators are not responsible for any financial losses, trading errors, or discrepancies resulting from the use of data provided on this website. Users assume full responsibility for their investment decisions.