Indonesia gold prices hold steady as global market stays weak

Analysts at Dupoin Futures note that the global XAU/USD pair remains under technical resistance, with the daily chart still below the 4.545 level and moving around the 4.446 support zone. A combination of a strong US dollar, high US Treasury yields and expectations that the Federal Reserve will keep rates elevated are keeping downward pressure on gold.

In Indonesia, the price of Antam gold was unchanged on 3 June, staying at Rp2,774,000 per gram, while the buy‑back rate held at Rp2,584,000 per gram. The stable local price reflects the broader global weakness and follows the same technical and fundamental factors cited by the analysts.

Investors are advised to monitor both international trends and local buy‑back terms, which include applicable PPh 22 taxes, as any shift in US monetary policy or currency movements could affect the Indonesian market.