{
    "success": true,
    "data": {
        "id": 1616211,
        "msgid": "global-gold-price-holds-steady-at-5-017-us-dollars-per-ounce-1773633238",
        "date": "2026-03-16 09:39:57",
        "title": "Global Gold Price Holds Steady at 5,017 US Dollars per Ounce",
        "author": "Teuku Muhammad Valdy Arief",
        "source": "KOMPAS",
        "tags": "",
        "topic": "Finance",
        "summary": "Global gold prices remained stable on Monday, trading around 5,000 US dollars per ounce, supported by US dollar weakness and declining US Treasury yields. The precious metal faces some pressure from surging global oil prices linked to Middle Eastern energy infrastructure risks and the closure of the Strait of Hormuz, which could trigger inflation through increased transportation and production costs.",
        "content": "<p>Jakarta \u2014 Global gold prices moved steadily during Monday trading (16\nMarch 2026) in local time or the beginning of Asian trading\nsessions.<\/p>\n<p>The precious metal held firm in the region of 5,000 US dollars per\nounce.<\/p>\n<p>A weakening US dollar has helped contain downward pressure on gold\nprices. This situation is occurring amid fading expectations for\ninterest rate cuts by the Federal Reserve.<\/p>\n<p>According to Economic Times, the gold price in the spot market\nremained unchanged at 5,017.53 US dollars per ounce at 08.01 Western\nIndonesia Time.<\/p>\n<p>This value is equivalent to approximately 79.2 million rupiah per\nounce, based on an exchange rate assumption of 15,780 rupiah per US\ndollar.<\/p>\n<p>The US dollar weakened slightly during early week trading.<\/p>\n<p>This condition has made gold more affordable for holders of other\ncurrencies. Investor demand for gold has tended to increase.<\/p>\n<p>The yield on US government bonds with a 10-year tenor has also\nrecorded a decline.<\/p>\n<p>This yield decline has increased the appeal of gold as a safe-haven\nasset.<\/p>\n<p>Gold does not provide returns like bonds. The decline in bond yields\nhas made the precious metal relatively more attractive to investors.<\/p>\n<p>Pressure on the market continues to emerge from a surge in global oil\nprices.<\/p>\n<p>The conflict has increased risks to energy infrastructure in the\nMiddle East.<\/p>\n<p>The Strait of Hormuz remains closed, triggering disruptions to global\noil supplies.<\/p>\n<p>The strait is an important route for global energy trade. The\nmajority of global oil supplies pass through this route.<\/p>\n<p>Rising oil prices have the potential to trigger inflation.\nTransportation and production costs could increase due to surging energy\nprices.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/global-gold-price-holds-steady-at-5-017-us-dollars-per-ounce-1773633238",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}