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Antam Gold Surge

 

Antam Gold Price Forecast: Set to Break Rp 3 Million per Gram This Week

The price of Antam gold is projected to strengthen and potentially surpass the Rp 3,000,000 per gram level this week, driven by escalating geopolitical tensions in the Middle East.

According to Bloomberg data, global gold prices reached around $4,677 per troy ounce on Thursday (April 2, 2026). Meanwhile, based on the official Logam Mulia website, Antam gold was priced at Rp 2,857,000 per gram as of Sunday (April 5, 2026).

Currency and commodity analyst Ibrahim Assuaibi estimates the first support level for gold at $4,543 per troy ounce, with Antam gold support at Rp 2,827,000 per gram. If further correction occurs, the second support is expected at $4,358 per troy ounce and Rp 2,780,000 per gram for Antam gold.

On the upside, the first resistance level is projected at $4,878 per troy ounce, with Antam gold potentially reaching Rp 2,890,000 per gram. If bullish momentum continues, the second resistance could climb to $5,080 per troy ounce, pushing Antam gold to the key psychological level of Rp 3 million per gram.

“Gold prices, particularly Antam gold, are highly likely to break through Rp 3 million per gram next week,” Ibrahim stated.

The movement of gold prices is largely influenced by ongoing geopolitical developments, particularly in the Middle East. Reports suggest that Iran is preparing up to 2 million troops, including revolutionary guards and militia forces, in anticipation of potential ground attacks involving the United States and Israel.

“Geopolitical tensions in the Middle East and Ukraine will be the key drivers of gold prices in the coming week,” Ibrahim added.

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