Gold Price Surges to IDR 2,234,000 as Investors Seek Safe Haven
Gold prices are surging, with Antam's gold price reaching IDR 2,234,000 per gram on September 30, 2025. This increase reflects market optimism towards gold as a defensive asset, driven by unstable global macroeconomic conditions and geopolitical factors.
Antam's gold price has been on a significant upward trend since early August 2025. It climbed from around IDR 1,800,000 to IDR 2,200,000 per gram by the end of September. This increase is partly due to investors' growing interest in gold as a safe haven asset, especially amid global uncertainty.
World gold prices are being boosted by speculation of a Fed rate cut and rising physical demand in Asia. While no globally recognized gold analysts directly forecast a Fed rate cut, analysts at State Street and technical chart analysis signal further gold price increases, with the 4,000 USD per ounce mark possible by year-end. However, no specific data is available on the direct impact of Fed rate cut expectations on the Indonesian Antam gold price.
Antam's gold price increase to IDR 2,234,000 per gram is a reflection of the global trend towards gold as a safe asset. With geopolitical factors and market uncertainty driving demand, gold prices are expected to continue strengthening until the end of the year.
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