Gotrade News - Gold prices for UBS and Galeri24 at Pegadaian remained stable on Monday, 16/03/2026, holding at IDR 3,026,000 and IDR 3,012,000 per gram, respectively. Price changes can occur anytime, reflecting the dynamic market conditions.
Meanwhile, Antam gold prices dropped to IDR 2,992,000 per gram, marking a decrease of IDR 5,000 from the previous rate, showcasing a contrasting movement compared to UBS and Galeri24.
The current global gold market is impacted by concerns over conflicts in the Middle East. Global prices fluctuate between USD 5,000 and USD 5,240 per ounce, showing volatility throughout last week.
The gold market faces uncertainty due to geopolitical factors, as noted by James Stanley from Forex.com. He remains optimistic about a price increase this week, pointing out the stability at USD 5,000 as a key indicator.
Rich Checkan from Asset Strategies International anticipates a short-term drop in gold prices ahead of the FOMC meeting, although interest rates are expected to stay. Current real returns are seen as unsupportive for a surge.
The impact of the FOMC's interest rate decisions on the gold market is closely monitored by investors. These policies have the potential to influence strategic decisions in the near future.
Adrian Day from Adrian Day Asset Management believes that monetary factors will continue to dominate gold price movements. Fluctuations are expected to persist, even with geopolitical factors adding market variables.
Market participants on Main Street show moderate bullish sentiment despite weakening price trends this week. This sentiment plays a role for investors considering long-term steps.
Given such global factors, gold investors in Indonesia are advised to keep monitoring developments. Strategic decisions currently heavily rely on the direction of global policies and the domestic market.
Reference:
- Liputan6, Harga Emas Pegadaian Hari Ini 16 Maret 2026: UBS dan Galeri24 Kompak Stagnan. Accessed on March 16, 2026
- Berita Satu, Harga Emas Antam Turun Lagi Hari Ini Jadi Rp 2,992 Juta. Accessed on March 16, 2026
- Bloomberg Technoz, Turun, Harga Emas Sudah di Bawah Rp3 Juta/Gram. Accessed on March 16, 2026
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