How surging gold prices led to the biggest jump on this year’s Southeast Asia 500
Global demand for gold surged in 2025, reaching 2,175 tons and driving prices to a record high, largely due to geopolitical unease and central bank purchases. This trend is particularly pronounced in Asia, where gold is a traditional store of wealth. Indonesian gold retailer Hartadinata Abadi saw a significant revenue increase and climbed 115 places on the Fortune Southeast Asia 500 list, reflecting a shift from gold jewelry to investment-grade bullion products among consumers. AI
