Core Insights - Indonesia is finalizing a plan to impose an export tax on gold products ranging from 7.5% to 15%, set to be implemented next year [1] - The tax policy will apply higher rates on upstream products and lower rates on processed products to encourage domestic gold processing [1] - Vietnam's central bank is increasing the end-of-day gold position limit for credit institutions authorized to produce and trade gold from 2% to 5% of their registered capital [1] Group 1: Indonesia's Gold Export Tax - The export tax will vary based on the purity of gold, with impure gold bars facing higher rates and refined gold bars facing lower rates [1] - Global gold prices will also influence the determination of the export tax [1] - Indonesia is recognized as one of Asia's major gold producers [1] Group 2: Vietnam's Gold Market Measures - The new measures aim to reduce the gap between domestic and international gold prices in Vietnam [1] - In 2012, the Vietnamese government implemented a monopoly policy on gold imports to stabilize the economy, which led to a significant increase in domestic gold prices [1] - The recent changes are expected to provide Vietnamese banks with greater flexibility in supplying gold to the market [1]

Group 1 - Indonesia is finalizing a plan to impose an export tax on gold products ranging from 7.5% to 15%, set to be implemented at some point next year [3] - The tax policy will apply higher rates on upstream products and lower rates on processed products to encourage domestic gold processing [3] - Impure gold bars will be subject to the higher tax rate, while refined gold bars will benefit from the lower tax rate [3] Group 2 - Vietnam's central bank plans to increase the end-of-day gold position limit for credit institutions authorized to produce and trade gold from 2% to 5% of their registered capital [3] - This measure is expected to provide greater flexibility for Vietnamese banks in supplying gold to the market [3] - The initiative aims to narrow the gap between domestic gold prices and international gold prices, following past economic instability caused by inflation and gold hoarding [3]