Gold Price Expected to Reach Rp3 Million per Gram Next Week

5 hours ago 1

TEMPO.CO, Jakarta - Director of PT Traze Andalan Futures, Ibrahim Assuaibi, predicts that the price of precious metals will rise to Rp3 million per gram in the next trading week. As for the close of this week's trading, the gold price from PT Aneka Tambang (Antam) was at Rp2,857,000 per gram.

Ibrahim also predicts that the global gold price will rise to US$5,080 per troy ounce. He explained that the increase in the gold price is influenced by the war in the Middle East, which has strengthened the dollar and weakened the rupiah.

"Because when the dollar strengthens, oil prices rise, meaning the government needs to prepare a large amount of dollars to buy oil," said Ibrahim in his statement on Sunday, April 5, 2026.

He said this condition would weaken the rupiah. Ibrahim predicts that the rupiah's exchange rate will reach Rp17,120 per U.S. dollar next week.

Currently, according to Ibrahim, Iran has rejected a ceasefire offer from the United States. This has caused an increase in world oil prices. Ibrahim believes that if Iran wins the war, the gold price will soar.

In addition to geopolitics, the policies of the United States Federal Reserve, or The Fed, also affect the gold price. Ibrahim said The Fed is likely to maintain interest rates. According to him, this could shake the gold price.

Ibrahim predicts that if the gold price decreases, it could fall to US$4,358 per troy ounce. Meanwhile, the price of precious metals could fall below Rp2,800,000 per gram.

"So, it is likely that in the next week, if there is a correction in the gold price, the possibility could be below Rp2,800,000, exactly at Rp2,780,000 per gram," said Ibrahim.

Read: Antam Gold Price Surges to Rp2,837,000 per Gram After Plunges

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