Gold Price Predicted to Break Through Rp 3 Million per Gram Next Week

Director of PT Traze Andalan Futures, Ibrahim Assuaibi, predicts that the price of precious metals will rise to Rp 3 million per gram in trading next week. At the close of trading this week, the price of Antam gold bars stood at Rp 2,857,000 per gram.

Ibrahim also predicts that the global gold price will rise to US$5,080 per troy ounce. He explained that the increase in gold prices is influenced by the war in the Middle East, which has strengthened the dollar and weakened the rupiah.

“Because when the dollar strengthens, oil prices strengthen, meaning the government must prepare a substantial amount of dollars to buy oil,” said Ibrahim in his statement on Sunday, 5 April 2026.

That situation, he said, will trigger the weakening of the rupiah. Ibrahim predicts that the rupiah exchange rate will be at Rp 17,120 per US dollar next week.

Currently, Ibrahim stated, Iran has rejected a ceasefire offer from the United States. This has caused global oil prices to rise. Ibrahim opines that if Iran wins the war, gold prices will soar.

In addition to geopolitics, another factor influencing gold prices is the policy of the US Federal Reserve or The Fed. Ibrahim said The Fed is likely to continue maintaining interest rates. According to him, this could unsettle gold prices.

Ibrahim predicts that if gold prices correct, the decline will reach US$4,358 per troy ounce. Meanwhile, the price of precious metals could fall below Rp 2,800,000 per gram.

“So, most likely next week, if there is a correction in gold prices, it could be below Rp 2,800,000, precisely at Rp 2,780,000 per gram,” he said.