Gold Prices Remain Volatile, Investors Advised to Use Gradual Accumulation Strategy
Gold prices continue to experience high volatility, prompting investors to be more selective in choosing investment strategies. This comes amid ongoing uncertainty surrounding the direction of the United States Federal Reserve’s monetary policy. Analysts suggest that a conservative approach combined with disciplined risk management is essential in navigating current market conditions.
According to Bloomberg data on Thursday (April 30, 2026) at 07:24 WIB, spot gold prices stood at US$4,560.59 per troy ounce, marking a 0.28% daily increase. However, on a weekly basis, gold prices have declined by 2.84%, reflecting ongoing market pressure.
President Commissioner of HFX International Berjangka, Sutopo Widodo, recommends that investors avoid aggressive speculation and instead focus on a gradual accumulation strategy, commonly known as dollar-cost averaging (DCA). He also emphasized the importance of waiting for market confirmation, both from technical indicators and central bank policy decisions.
“Investors should maintain liquidity and apply strong risk management to stay flexible and capitalize on opportunities once market trends become clearer,” Sutopo stated.
Similarly, Brahmantya Himawan, Analyst at PT Finex Bisnis Solusi Futures, believes the recent correction in gold prices presents an attractive entry point for medium- to long-term investors.
“For medium- to long-term investment, this correction offers a good opportunity for gradual accumulation, especially as gold remains a reliable hedge asset. However, in the short term, investors should wait for clearer direction following the FOMC decision due to persistent volatility,” he explained.
Brahmantya added that gold is currently influenced by two major factors: geopolitical tensions and a strengthening US dollar. As long as the Federal Reserve maintains a tight monetary policy and energy prices remain elevated, gold prices are likely to stay under pressure.
Meanwhile, Lukman Leong, Chief Analyst at Doo Financial Futures, sees opportunities for more active strategies among short-term investors. He suggests applying a range trading approach—buying at lower price levels and selling at higher ones.
“Short- and medium-term investors can take advantage of price fluctuations through range trading, while long-term investors should continue accumulating during price dips,” Lukman noted.
He further explained that gold remains under pressure in the short term, moves sideways in the medium term, but still maintains a bullish outlook in the long run.
In terms of asset selection, analysts agree that gold remains a primary choice for defensive investors. Silver, on the other hand, offers higher upside potential but comes with greater volatility.
Given the current market landscape, experts advise investors to align their strategies with their individual risk profiles and investment horizons while awaiting clearer signals from US central bank policies, which remain the key driver of market movements.