Gotrade News - Antam's gold prices in Indonesia saw a sharp fall on Thursday (19/3/2026). According to PT Antam Tbk, gold prices dropped by Rp 53,000 to Rp 2.943 million per gram. This steep decline is in stark contrast to the previous day's movement.
Meanwhile, Antam's gold buyback prices also fell significantly by Rp 83,000 to Rp 2.665 million per gram. This price drop has impacted investor enthusiasm for gold as a safe haven asset today.
Globally, gold prices have also dropped sharply to the lowest level in the past month. This situation is influenced by the Fed's decision to maintain interest rates and the strengthening US dollar.
The Fed's Powell stated that uncertainty from the Iran conflict makes economic projections difficult to determine. The decision to keep interest rates unchanged reduces the allure of gold amid expectations of higher rates in the future.
The strengthening US dollar pressures gold prices by making it more expensive for international investors. This situation results in a global decline in demand for gold.
Independent trader Tai Wong opines that while the current gold drop is technical, the long-term bullish outlook still exists. However, gold's appeal diminishes in a high-interest environment as it provides no yield.
Global gold prices were recorded to have plunged by 3.73% to US$ 4,813.88 per troy ounce. This condition shows that the market still responds negatively to the Fed's statements.
US economic data also adds additional pressure to the market, with producer price reports exceeding expectations. The conflict in Iran also contributes to uncertainty and global inflationary pressure.
Investors need to consider this situation in their investment decisions, particularly concerning precious metal assets. During this period of uncertainty, caution is still required.
Reference:
- MetroTV, Harga Emas UBS dan Galeri 24 di Pegadaian Kompak Naik Hari Ini, Cek Daftar Lengkapnya. Accessed on March 19, 2026
- Berita Satu, Harga Emas Antam Kamis 19 Maret 2026 Turun Tajam Rp 53.000 Jadi Segini. Accessed on March 19, 2026
- Berita Satu, Harga Emas Turun Tajam setelah Sikap The Fed dan Dolar AS Menguat. Accessed on March 19, 2026
Featured Image: GPT Image 1.5
