Indonesia will introduce a new export duty on gold products by the end of next year, marking a major policy shift for one of the world’s top producers as the government pushes to expand domestic refining and processing capacity. The announcement triggered immediate declines in gold-linked equities. According to Nikkei Asia, Febrio Nathan Kacaribu, director general of fiscal economic strategy at the Ministry of Finance, told lawmakers that the policy is in its “final stage.” He said the duty will vary by product type. When gold trades between 2,800 and 3,200 dollars per ounce, duties will range from 7.5 percent to ... (full story)