Gold Prices Volatile Over the Week, Briefly Plummeted Then Rose Again: Causes and Predictions

The movement of gold prices over the past week has been observed to be quite volatile. Gold prices briefly fell sharply before reversing upwards in the last few days. After experiencing a sharp decline at the end of March 2026, gold prices are now beginning to show recovery at the start of April. This situation has led many investors to closely examine the direction of the precious metal’s movement, not only from the price perspective but also the causative factors and future projections. Data from the World Gold Council shows that gold prices fell by around 12 percent to $4,608 per troy ounce, the deepest decline in nearly the last 13 years. However, entering April, the trend began to change. Gold prices gradually strengthened as market pressures eased and investor interest returned. This condition is also reflected in domestic Antam gold prices, which moved dynamically, influenced by global prices and the rupiah exchange rate.