Gold $XAUUSD Antam Price Projected to Remain Below Rp 3 Million, But Upside Potential Still Exists



Citing Trading Economics on Sunday (22/3/2026) at 11.00 WIB, gold price is at the level of US$ 4.488 per troy ounce, correcting 10.62% in a week. Meanwhile, Antam gold price is at the level of Rp 2.893.000 per gram.

Commodity Analyst, Ibrahim Assuaibi, estimates that transactions on Monday (23/3) will experience correction. The first support is estimated at US$ 4.423 per troy ounce and the first support for Antam gold price at Rp 2.840.000 per gram.

"If there is a correction again, the possibility of second support is at US$ 4.319 per troy ounce, the precious metal (Antam gold) at Rp 2.800.000 per gram. That's if trading next week experiences a correction against world gold prices," said Ibrahim, Sunday (22/3/2026).

However, if gold price strengthens again, Ibrahim projects the first resistance of world gold price at the level of US$ 4.559 per troy ounce and Antam gold price transacted at Rp 2.920.000 per gram.

In the coming week, if it strengthens again, Ibrahim estimates the second resistance of world gold price at US$ 4.681 per troy ounce and Antam gold price at Rp 2.980.000 per gram.

"So there is a strong possibility that next week precious metals will be below Rp 3 million per gram, namely Rp 2.980.000 per gram. Although world gold price and precious metals have declined until now, I am still optimistic that world gold price and precious metals will strengthen again, it's just a matter of waiting for momentum," explained Ibrahim.

Ibrahim said that the movement of gold price is still influenced by the dynamics of escalation in the Middle East. He mentioned that investors are still monitoring the US – Israel war with Iran.

According to Ibrahim, if a ground war occurs and Iran is defeated, gold price may weaken. However, if Iran wins the war, world gold price may experience significant increase.

"Many observers say the only way to raise world gold price is ground war," said Ibrahim.

#TradFiIntroducesMultiLeverageFirst
XAUUSD-5,07%
View Original
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin