Antam Gold Price Projection: Ready to Break Rp 3 Million per Gram This Week

Antam Precious Metal gold prices are projected to strengthen again and surpass the Rp 3M per gram level this week. This aligns with the ongoing geopolitical tensions in the Middle East.

According to Bloomberg, gold prices stood at US$ 4,677 per troy ounce on Thursday (2/4/2026). Meanwhile, citing the Logam Mulia website, Antam gold prices were at Rp 2,857,000 per gram on Sunday (5/4/2026).

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

Furthermore, if a correction occurs, the second support level is likely 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 rise, the first resistance is at US$ 4,878 per troy ounce and Antam gold at Rp 2,890,000 per gram. If it strengthens further, the second resistance is projected 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 break the Rp 3 million per gram barrier,” Ibrahim said on Sunday (5/4/2026).

Ibrahim mentioned that gold price movements are influenced by the dynamics of the Middle East conflict. Iran is reportedly preparing 1 million Revolutionary Guard troops and 1 million militia/combatant forces.

Therefore, it is estimated that Iran is preparing 2 million troops to anticipate ground attacks from the US – Israel.

“Geopolitics in the Middle East and Ukraine will be very decisive next week,” Ibrahim explained.
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