Can Pluang Gold Be Cashed Out?
Yes, Pluang gold can be cashed out. You can sell any amount from Rp5,000 in the Pluang app at the sell price shown, and once the sale is complete the proceeds go to your Rupiah balance in the app. From there you can withdraw the money to your bank account through the app's withdrawal flow. There is no lock-in period, so you do not have to hold your gold for a minimum time before selling, and sales carry no third-party fee: the spread between the buy and sell price is already built into the prices, and the review screen shows what you will receive before you confirm. There are two exceptions. Gold you are buying on instalment cannot be sold until the instalment is Completed, and grams committed to a physical withdrawal request cannot be sold. If you would rather hold the metal, you can also withdraw your balance as Antam-certified physical gold from 1 gram.
Two ways to cash out your Pluang gold
| Option | How it works | What you get |
|---|---|---|
| Sell | From Rp5,000 at the sell price, entered in Rupiah or grams | Rupiah in your app balance, which you can withdraw to your bank account |
| Physical withdrawal | From 1 gram; printing, shipping and insurance fees are converted to grams at the sell price and deducted from your gold balance | Antam-certified 99.9% gold delivered to your address |
How to sell. Open the Gold page from the Discover page, tap "Sell", enter the amount, review the details and swipe up to confirm. For each step, see the guide "How to sell gold on Pluang".
What you receive. You sell at the sell price, which is lower than the buy price; the gap is the spread. So selling right after a purchase returns less than you paid, even if the gold price has not moved. The price moves with the global gold price and the Rupiah exchange rate, and the price that applies is the one on the review screen when you confirm.
Related questions:
Q: How do I get the money from selling gold into my bank account?
After you sell, the proceeds go to your Rupiah balance in the Pluang app once the sale is complete. You then withdraw that balance to your bank account through the withdrawal flow in the app, which shows the details before you confirm. Selling and withdrawing are two separate steps, so you can also keep the Rupiah in the app and use it for another investment instead.
Q: Is there a minimum holding period or a fee to sell Pluang gold?
There is no lock-in period: you can sell gold whenever you choose, as long as the amount is at least Rp5,000 at the sell price. Sales carry no third-party fee. The spread between the buy and sell price is built into the prices, so the cost of a round trip is already built into the two prices. The review screen shows the amount you will receive before you swipe up.
Q: Can I sell gold that I am buying on instalment?
Not yet. Gold bought through Cicilan Emas is added to your gold balance and portfolio only when the instalment status is Completed, so until then there is nothing from it that you can sell. If you need the money sooner, cancelling the instalment carries a 10% penalty and the down payment is forfeited, and the confirmation screen shows the exact amounts before you confirm.
Q: Can I cash out my Pluang gold as physical gold instead?
Yes. You can withdraw your balance as Antam-certified 99.9% gold from 1 gram. The printing, shipping and insurance fees are converted to grams at the current sell price and deducted from your gold balance, so the balance has to cover the gold plus the fees. Delivery takes about 5 working days after verification plus shipping. See the guide "How to withdraw physical gold on Pluang".