{
    "success": true,
    "data": {
        "id": 1715569,
        "msgid": "latest-forecast-for-gold-and-silver-prices-disappointing-1777856027",
        "date": "2026-05-04 07:01:26",
        "title": "Latest Forecast for Gold and Silver Prices \u2013 Disappointing?",
        "author": "",
        "source": "CNBC",
        "tags": "",
        "topic": "Finance",
        "summary": "Gold and silver prices are expected to remain under pressure this week amid ongoing global uncertainties, with spot gold trading slightly lower at US$4,613.18 per troy ounce. A Kitco News survey indicates a mixed outlook, with 50% of Wall Street analysts predicting an uptick, though hawkish central bank policies and geopolitical factors like US-Iran peace talks could drive further volatility. This reflects the cautious market sentiment as recovery momentum weakens, potentially testing lower support levels around US$4,495 per ounce.",
        "content": "<p>Jakarta, CNBC Indonesia - Gold and silver prices are forecast to\nremain under pressure this week amid persistent global uncertainties.\nAccording to Refinitiv, the gold price today, Monday (4\/5\/2026) at 06.50\nWIB, stands at US$4,613.18 per troy ounce, down 0.01%. At the end of\nlast week, gold closed 0.17% lower at US$4,613.62. Over the week, gold\nfell 2.02%. The sentiment for precious metals in the coming days will be\nheavily influenced by geopolitical and macroeconomic factors. \u201cThe focus\nnext week will remain on developments in peace talks between the US and\nIran, and their impact on oil, gold, and financial markets more\nbroadly,\u201d said Pranav Mer from JM Financial Services, to FX Market. What\nAbout Gold Prices This Week? The latest survey shows that the outlook\nfor gold prices this week is varied, though slightly more optimistic\nsentiment prevails as market mood improves. According to the Kitco News\nsurvey, of 16 Wall Street analysts who participated, 8 (50%) predict\ngold prices will rise this week. Meanwhile, 5 analysts (31%) believe the\nprecious metal could decline, and the remaining 3 expect prices to move\nsideways. This development reflects the tug-of-war between recovery\nexpectations and ongoing pressures from monetary policy. Among\nindividual investors, an online survey with 79 respondents also shows a\nsimilar view. 36 people (46%) expect gold prices to rise this week,\nwhile 24 (30%) predict a decline. The rest, 24%, believe gold will trade\nin a narrow range. Overall, while positive trends still dominate, market\nsentiment remains quite cautious. Regarding more specific prospects,\nMarc Chandler, Managing Director at Bannockburn Global Forex, said gold\nfaces short-term correction risks. According to him, the recovery\nmomentum from the US$4,510 per ounce area has weakened because prices\nfailed to hold above US$4,647 per ounce. \u201cThis precious metal could test\nthe US$4,495 per ounce area again. If this level is breached, gold\nprices could continue declining to around US$4,400 per ounce,\u201d he said.\nFrom a macroeconomic perspective, Adam Button, Head of Currency Strategy\nat ForexLive, believes the \u201chawkish\u201d trend in central bank policy is\npressuring gold. He noted that expectations for global interest rates\nhave risen significantly compared to two months ago, narrowing the\nchances of monetary policy easing. This means the opportunity cost of\nholding gold, which yields no return, is higher, thus limiting the\nupside potential for the precious metal\u2019s price. Additionally,\nfluctuations in oil prices and inflation pressures continue to make\ncentral banks cautious, ultimately increasing instability in the gold\nmarket. Overall, this week gold prices are expected to continue\nfluctuating in a fairly wide range, with the trend direction unclear as\nsupporting and pressuring factors remain intertwined.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/latest-forecast-for-gold-and-silver-prices-disappointing-1777856027",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}