{
    "success": true,
    "data": {
        "id": 1672608,
        "msgid": "gold-prices-projected-to-breach-rp-3-1-million-driven-by-global-turmoil-1775987507",
        "date": "2026-04-12 14:45:41",
        "title": "Gold Prices Projected to Breach Rp 3.1 Million, Driven by Global Turmoil",
        "author": "Friska Yolandha",
        "source": "REPUBLIKA",
        "tags": "",
        "topic": "Economy",
        "summary": "Commodity and currency analyst Ibrahim Assuaibi forecasts that domestic gold prices in Indonesia could surpass Rp 3.1 million per gram within the next week, supported by global gold prices potentially exceeding the psychological threshold of $5,000 per troy ounce. This volatility is influenced by geopolitical developments, particularly US-Iran negotiations mediated by Pakistan, which could either dampen gold's appeal if tensions ease or bolster it as a safe-haven asset amid persistent global uncertainties. The projections highlight the interplay between international conflicts, oil prices, and US monetary policy in shaping commodity markets.",
        "content": "<p>REPUBLIKA.CO.ID, JAKARTA \u2014 Currency and commodity analyst Ibrahim\nAssuaibi projects that the price of precious metals in the domestic\nmarket could breach Rp3.1 million per gram within the next week. This\nprojection is supported by the potential strengthening of global gold\nprices, which are expected to surpass the psychological level of $5,000\nper troy ounce.<\/p>\n<p>Global gold prices were recorded at $4,749 per troy ounce on Saturday\nmorning (11\/4\/2026). In the domestic market, the price of precious\nmetals is in the range of Rp2,860,000 per gram, with a tendency to move\nfluctuatively following global dynamics.<\/p>\n<p>\u201cIn the next week, global gold prices could breach above $5,000 per\ntroy ounce up to $5,138. Precious metal prices could approach\nRp3,100,000 per gram,\u201d said Ibrahim, quoted on Sunday (12\/4\/2026).<\/p>\n<p>He explained that gold price movements in the near term are likely to\nwiden. On the downside, gold prices could correct to $4,638 per troy\nounce, and could even fall deeper to $4,358 in a stronger pressure\nscenario.<\/p>\n<p>In the domestic market, precious metal prices are projected to drop\nto Rp2,840,000 per gram in the initial correction phase. Further\ndeclines could open opportunities for prices to move to the range of\nRp2,780,000 per gram. \u201cIn a week, the decline could occur to $4,358 per\ntroy ounce,\u201d said Ibrahim.<\/p>\n<p>On the upside, gold prices have room for strengthening with initial\nresistance at $4,897 per troy ounce. This rise could push precious metal\nprices to Rp2,880,000 per gram before continuing the higher trend.<\/p>\n<p>The wide price movements are influenced by global geopolitical\ndevelopments, particularly dynamics in the Middle East region. Plans for\nnegotiations between the United States and Iran mediated by Pakistan are\none of the main factors being monitored by market players. \u201cIf a\nceasefire occurs, oil prices could fall and impact gold movements,\u201d said\nIbrahim.<\/p>\n<p>He assessed that easing conflicts could pressure global inflation and\nopen room for the US central bank to lower interest rates. This\ncondition could increase gold\u2019s attractiveness as a hedging asset.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/gold-prices-projected-to-breach-rp-3-1-million-driven-by-global-turmoil-1775987507",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}