Indonesia
SURGE IN GOLD PRICES AMID US TARIFF POLICY AND GLOBAL TRADE TENSIONS
Gold prices surged sharply following U.S. President Trump's aggressive tariff policy, which exacerbated global trade tensions. While the tariffs don’t directly affect gold, concerns over a slowing U.S. economy and potential rate cuts have kept the price momentum strong. Analyst Ibrahim Assuaibi explained that the U.S. tariffs have driven investors to secure their funds in gold as a safe-haven asset, while Aakash Doshi from State Street Global Advisors predicts gold could hit USD 3,400 per ounce within the next nine months. In Indonesia, PT Aneka Tambang Tbk (Antam) recorded a record high of IDR 1,836,000 (EUR 102.5) per gram on 3 April. In response to the growing global financial uncertainty triggered by the tariffs, the Indonesian government has begun assessing the potential economic impact. Susiwijono Moegiarso, Secretary of the Coordinating Ministry for Economic Affairs, stated that the government, in coordination with Bank Indonesia, is working to stabilize the Rupiah exchange rate and ensure liquidity in the foreign exchange market to support overall economic stability.Source: https://www.reuters.com/markets/commodities/safe-haven-gold-hits-record-peak-trump-announces-sweeping-tariffs-2025-04-03/ (ICE GIACARTA)
Fonte notizia: Reuters, 4 April 2025
