Gold Price Prediction Wednesday 11 March 2026: Record Rp3 Million Amid Trump Peace Signals

Gold bullion certified by PT Aneka Tambang (Antam) set a new historical record on Tuesday (10 March 2026), breaking through to Rp3.047 million per gram. However, entering Wednesday’s (11 March 2026) trading session, this strengthening trend is predicted to face significant headwinds from the latest global sentiment.

The sharp increase in gold over the past week was triggered by military escalation in the Middle East involving the United States, Israel, and Iran. However, on Tuesday evening, the spot price of gold began to decline to around USD 5,171 per troy ounce after US President Donald Trump gave indications that the conflict might soon end through negotiation.

This peace signal directly pressured global crude oil prices, which plummeted more than 10%, indirectly reducing gold’s appeal as a hedge asset against energy inflation.

The primary determining factor for gold prices on Wednesday, 11 March 2026, is the release of the US Consumer Price Index (CPI) data. Analysts estimate that if inflation is recorded higher than the projected 2.4%, the US Dollar could strengthen and push gold prices further down. Conversely, if inflation data moderates, gold has the opportunity to maintain its position above the Rp3 million per gram level.

Commodity analysts estimate that Antam gold prices tomorrow will move fluidly with a slight weakening trend (technical correction) in the range of Rp5,000 to Rp12,000 per gram. This is because investors are beginning to take profits after gold set its all-time high record.

Investors are advised to pay attention to the price spread which reaches Rp245,000 per gram. With such a wide difference, gold bullion is more recommended for long-term savings (over one to two years) rather than daily speculation.

Tax implications: According to PMK No. 34/2017, gold purchases are subject to Article 22 income tax of 0.45% for taxpayers with a Tax File Number and 0.9% for those without.