Global Gold Price Rises 2%, Reaching Rp 77 Million per Ounce

NEW YORK - Global gold prices strengthened at the close of trading on Tuesday (14/4/2026) US time. The gains were supported by the weakening of the US dollar and hopes for continued US negotiations with Iran.

Quoting Reuters, the spot gold price rose 2% to $4,831.78 per ounce. That price is equivalent to around Rp 77.3 million per ounce, assuming an exchange rate of Rp 16,000 per US dollar.

US gold futures contracts also strengthened. Their price rose 1.7% to $4,850.10 per ounce, or around Rp 77.6 million per ounce.

The weakening US dollar makes gold more affordable for global investors. The decline in oil prices has also eased inflation pressures and encouraged buying interest.

This statement comes after previous negotiations failed. That situation once triggered a blockade against Iran’s ports.

“The direction of the gold market will depend on how the talks in Pakistan go and how much progress is made ahead of the weekend. If there is positive news, metal prices will continue to rise,” said Senior Market Strategist at RJO Futures, Bob Haberkorn.

US economic data also played a role. Producer inflation in March was recorded lower than expected. Service costs did not experience significant changes.

Inflationary pressure remains due to rising energy prices. The conflict with Iran has driven oil price spikes in recent times.

Market participants now assess the chances of a Federal Reserve rate cut at around 33% this year. This figure is lower than previous expectations.

“As long as the market does not start seriously considering a rate hike by the Federal Reserve, which has not been seen so far, gold prices are unlikely to fall much,” wrote analysts from Commerzbank.