{
    "success": true,
    "data": {
        "id": 1668297,
        "msgid": "top-us-institutions-prediction-gold-prices-set-to-surge-wildly-when-will-it-start-1775782249",
        "date": "2026-04-10 06:45:12",
        "title": "Top US Institution's Prediction: Gold Prices Set to Surge Wildly, When Will It Start?",
        "author": "",
        "source": "CNBC",
        "tags": "",
        "topic": "Finance",
        "summary": "Gold prices rose over 1% amid a weakening US dollar, supported by fragile ceasefire developments between Washington and Tehran, as investors await key US inflation data. While prices dipped slightly today, the overall trend remains positive, with Morgan Stanley forecasting stability until the second quarter before a rebound in the latter half of the year, driven by potential avoidance of Fed rate hikes and conflict resolutions. This outlook highlights gold's role as an inflation hedge amid geopolitical risks and currency fluctuations, potentially influencing global investment strategies.",
        "content": "<p>Jakarta, CNBC Indonesia - Gold prices rose more than 1%, supported by\nthe weakening of the United States (US) dollar. Investors are assessing\nthe sustainability of the fragile ceasefire between Washington and\nTehran and awaiting US Consumer Price Index (CPI) data.<\/p>\n<p>According to Refinitiv, gold prices closed at US$4,763.62 per troy\nounce on Thursday (9 April 2026), up 1%. This increase extends the\npositive trend for gold, strengthening 2.5% over the last three\ndays.<\/p>\n<p>Gold prices weakened slightly today. On Friday (10 April 2026) at\n06:25 WIB, gold prices stood at US$4,758.96, down 0.1%.<\/p>\n<p>The US dollar index weakened to 98.83, the lowest since 3 March 2026.\nA weaker dollar makes gold cheaper for buyers using other\ncurrencies.<\/p>\n<p>\u201cThe dollar\u2019s weakening has helped gold strengthen again, but there\nis caution in the market as participants try to interpret the meaning of\nthat ceasefire,\u201d said Bob Haberkorn, senior market strategist at RJO\nFutures, to Reuters.<\/p>\n<p>\u201cThe ceasefire news is very bullish for gold, but prices have pulled\nback from recent highs as cracks begin to appear,\u201d he added.<\/p>\n<p>Israel has resumed bombing targets in Lebanon, which Tehran says\nshould be included in the ceasefire agreement, while there are no signs\nthat Iran is lifting the blockade in the Strait of Hormuz.<\/p>\n<p>Failed negotiations and the potential re-escalation of conflict risk\ndriving up energy costs and inflation, which could force the Federal\nReserve to keep interest rates higher for longer.<\/p>\n<p>This could ultimately reduce the appeal of gold, which offers no\nyield, although gold is known as a hedge against inflation.<\/p>\n<p>Morgan Stanley states that gold prices are expected to stabilise\nuntil the second quarter before strengthening again in the second half\nof this year.<\/p>\n<p>\u201cIf rate hikes by the Fed can be avoided, we see gold potentially\nrebounding. In addition, the resolution of the conflict will also be a\nsupporting factor, which is likely to refocus on the weakening value of\nfiat currencies,\u201d said one of the world\u2019s largest US-based investment\nbanks.<\/p>\n<p>The market is also awaiting the US Consumer Price Index (CPI) data\nfor March, to be released on Friday.<\/p>\n<p>Meanwhile, the Personal Consumption Expenditures (PCE) index rose\n2.8% over the 12 months to February, in line with expectations, and is\nlikely to rise further in March.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/top-us-institutions-prediction-gold-prices-set-to-surge-wildly-when-will-it-start-1775782249",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}