Geopolitical Tensions Heat Up, Antam Gold Projected to Rise to Rp 3 Million per Gram Next Week



Gold prices are projected to strengthen again as geopolitical conditions in the Middle East are still heating up. Citing Trading Economics, gold prices are at US$ 4,677 per troy ounce. Meanwhile, citing the Logam Mulia website, Antam gold prices are at Rp 2,857,000 per gram.

Currency and Commodities Analyst Ibrahim Assuaibi estimates the first support level for gold at US$ 4,543 per troy ounce and Antam gold at Rp 2,827,000 per gram.

Then if a further correction were to occur, the second support could be at US$ 4,358 per troy ounce, and the second support for Antam gold at Rp 2,780,000 per gram.

However, if gold prices were to rise, then the first resistance would be at US$ 4,878 per troy ounce and Antam gold at Rp 2,890,000 per gram. If prices then strengthen further, the second resistance is projected to be at US$ 5,080 per troy ounce, and Antam gold at Rp 3 million per gram.

“Most likely, precious metals or Antam gold prices next week will touch the levelRp 3 million per gram,” Ibrahim said, Sunday (5/4/2026).

Ibrahim said that gold price movements are influenced by the dynamics of the war in the Middle East. Iran is said to be preparing 1 million Revolutionary Guard troops, and 1 million militia/combatant troops. Therefore, it is estimated that Iran is preparing 2 million troops to anticipate the occurrence of a ground attack from the US – Israel.

“Geopolitics in the Middle East and Ukraine are crucial in the coming week,” Ibrahim explained.
$XAU
#GateSquareAprilPostingChallenge
XAU-0,12%
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