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Gold Price Forecast for 10 March 2026: Potential Rebound to Rp3.15 Million Amid Iran Conflict

| | Source: MEDIA_INDONESIA Translated from Indonesian | Finance
Gold Price Forecast for 10 March 2026: Potential Rebound to Rp3.15 Million Amid Iran Conflict
Image: MEDIA_INDONESIA

Gold bars from PT Aneka Tambang Tbk (Antam) are forecast to move fluctuatively with a strengthening tendency on Tuesday’s trading, 10 March 2026. Although prices fell Rp55,000 at the start of the week, the combination of Rupiah weakness and escalating Middle East tensions represent the main drivers of potential price increases tomorrow.

Based on official Logam Mulia data on Monday (9/3/2026), Antam gold was trading at Rp3,004,000 per gram. However, Rupiah weakness breaching the psychological level of Rp17,001 per US dollar is estimated to trigger upward price adjustments at tomorrow morning’s market opening.

Commodity market observer Ibrahim Assuaibi projects that in the short term, Antam gold has the opportunity to test a new resistance level. “If the strengthening trend continues due to safe-haven sentiment, Antam precious metals prices in the domestic market are estimated to reach approximately Rp3.15 million per gram in the near term,” he stated.

For investors, the correction momentum at the Rp3,000,000 level today is often regarded as a “buy on weakness” area before prices surge again due to external factors. However, the market should also be cautious of the US inflation data (CPI) release on Wednesday evening, which could strengthen the US dollar and technically suppress gold prices.

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