{
    "success": true,
    "data": {
        "id": 1618609,
        "msgid": "gold-holders-tense-as-they-await-word-from-america-prices-could-reverse-1773708829",
        "date": "2026-03-17 07:05:57",
        "title": "Gold Holders Tense as They Await \"Word\" from America, Prices Could Reverse",
        "author": "",
        "source": "CNBC",
        "tags": "",
        "topic": "Finance",
        "summary": "Gold prices remain under pressure amid geopolitical tensions between Iran, Israel and the United States, with spot prices trading at $5,013.20 per troy ounce on 17 March 2026. Market sentiment has weakened as investors reduce expectations for imminent interest rate cuts from the Federal Reserve, with the central bank's policy decision due this week; higher US interest rates and a stronger dollar make gold less attractive to investors. The direction of gold prices in the near term will largely depend on the Fed's signals regarding interest rates and global economic conditions, though central bank purchases and geopolitical risks continue to provide underlying support.",
        "content": "<p>Jakarta, CNBC Indonesia - Gold prices remain subdued amid the Iran\nversus Israel and United States conflict.<\/p>\n<p>According to Refinitiv data, gold closed at US$5,005.25 on Monday\u2019s\ntrading (16 March 2026), down 0.27 percent.<\/p>\n<p>This decline extends gold\u2019s painful streak, which has already\ncollapsed 3.6 percent over four consecutive days.<\/p>\n<p>On Tuesday (17 March 2026) at 06:51 Western Indonesia Time, gold was\ntrading at US$5,013.2 per troy ounce, up 0.16 percent.<\/p>\n<p>Gold prices fell as market participants began reducing their\nexpectations that the US central bank The Federal Reserve (The Fed)\nwould soon cut interest rates. This shift in expectations has shaken\nbullish sentiment towards gold.<\/p>\n<p>The decline reflects a broader change in global markets, where\ninflation concerns and interest rate expectations have become the\nprimary factors influencing markets.<\/p>\n<p>The Fed will hold a Federal Open Market Committee (FOMC) meeting on\nTuesday and Wednesday this week (16-17 March 2026) US time and will\nannounce its interest rate policy on Wednesday or early Thursday\nIndonesian time.<\/p>\n<p>Previously, the market had expected The Fed to lower interest rates.\nHowever, a strong US economy and persistently high inflation have\nreduced the likelihood of rate cuts. Higher interest rates make gold\nless attractive to investors.<\/p>\n<p>Oil prices are currently above US$100 per barrel due to Middle East\ntensions. High energy costs keep inflation elevated and reduce the\nchances of The Fed cutting interest rates.<\/p>\n<p>Strength in the US dollar makes gold more expensive in international\nmarkets. Meanwhile, yields on US government bonds have also increased,\nreducing demand for gold in the short term.<\/p>\n<p>Geopolitical risk and gold purchases by central banks remain\nsupporting factors for gold prices. However, short-term price movements\nwill be heavily influenced by interest rate signals and inflation.<\/p>\n<p>Gold\u2019s role as a safe haven remains strong, although short-term\nfactors are influenced by monetary policy and currency strength.<\/p>\n<p>Although prices are currently declining, the situation is not\nstraightforward. Changes in interest rate prospects, inflationary\npressures and global macroeconomic risks are all pulling the market in\ndifferent directions. For now, gold\u2019s price trajectory remains highly\ndependent on central bank decisions and global economic signals.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/gold-holders-tense-as-they-await-word-from-america-prices-could-reverse-1773708829",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}