Jakarta \u2013 PT Aneka Tambang Tbk (Antam) has said that global\ngeopolitical tensions, including war, could push up gold prices on the\nworld market. Wisnu Danandi Haryanto, head of the Corporate Secretary\nDivision at Antam, said that global gold prices are indeed sensitive to\nthe dynamics of politics and world economic policy. However, he assured\nthat this situation would not affect the company\u2019s gold production\nbecause its main supply comes from domestic sources. \u2018At present, we can\nsee that prices are rising and are likely to continue rising as long as\nthere is a war. After all, war will inevitably influence prices,\u2019 he\nsaid during an interview in Jakarta on Tuesday (3 March 2026).<\/p>\n
Although gold prices may be pushed higher, Wisnu emphasised that\nAntam\u2019s gold production is not affected by global conflict. Currently,\nAntam produces around one tonne of gold from the Pongkor mine and relies\non other domestic sources to meet domestic market demand. \u2018Our gold\nproduction is about one tonne from Pongkor, and we are seeking other\ndomestic sources. It should not be affected, because we always source\ndomestically to meet Indonesia\u2019s gold needs,\u2019 he said.<\/p>\n
He added that public interest in gold is not solely driven by war.\nRising investment literacy and purchasing power also contribute to\nboosting demand for the precious metal. With global conditions still\ndynamic, gold prices are expected to remain volatile, in line with\npolicy developments and international geopolitical situations.<\/p>\n
\u2018But I think it\u2019s not just because of war. The public is also more\naware and has stronger purchasing power to be able to buy gold,\u2019 he\nconcluded.<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/war-pushes-up-global-gold-prices-antam-antm-relies-on-domestic-supply-1772590443", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }