Home » Business » Gold Price Soars: Expert Says It’s Time to Buy?

Gold Price Soars: Expert Says It’s Time to Buy?

by Priya Shah – Business Editor

Gold Prices Hit Record High: Experts Say Now is the Time to Buy

Jakarta, Indonesia ‌ – Antam gold prices surged to a new all-time high ⁤on Saturday, September 6, 2025,​ reaching Rp 2,060,000 per gram. This latest peak surpasses the previous⁤ record of Rp 2,044,000 set just two days prior, on September ‌4th.

According to currency analyst Ibrahim Assuaibi,⁣ this presents a favorable prospect for⁢ investors looking to‌ enter the ⁤gold market. While a price correction ⁣is anticipated before the US Federal Reserve meeting ‍scheduled for September 16-17, Assuaibi believes this dip ⁤will be limited. He forecasts the potential for global gold prices to reach US $3,700 per troy ounce in the ⁢near future, and remains optimistic about a continued upward trend through 2029.

world gold prices could‌ very well reach US‌ $3,700,” Assuaibi stated. “I’m ⁣still confident we’ll see a steady climb in ​global ⁤gold prices extending into 2029.”

He strongly ⁣advises prospective investors to begin making purchases now, ⁤even wiht the possibility of a ‌correction. “It’s a good time to ⁢buy, as any correction will likely be moderate due to the imbalance between supply and demand.⁤ Even if the⁤ price drops, it won’t be a drastic fall,” he ‌explained.

Several factors‍ are driving this surge ‍in⁢ gold prices.‌ Ongoing global geopolitical instability,‌ coupled with ⁢controversial policies enacted by ⁢US President Donald Trump, are ⁢contributing to ⁤market fluctuations.Furthermore, weak US ⁢economic data released on

You may also like

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.