Gold Prices
Antam gold price rose Rp 29,000 to Rp 2.631.000 per gram on Monday (12/1/2026), amid market movements and global sentiments. The buyback price also increased to Rp 2.484.000 per gram.
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The Gold and Precious Metals Division at the Federation of Egyptian Industries announced that gold prices in the local market recorded strong gains over the past week, supported by a historic surge in global gold prices and the relative stability of the US dollar exchange rate against the Egyptian pound.
Gold prices in Ethiopia have begun to decline following a sharp surge over recent weeks. Traders report that the metal's value doubled typical fluctuations due to export patterns from Arab countries. Current market data from the National Bank of Ethiopia indicates stabilization, though observers warn of ongoing risks.
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A former investment director has warned that the Federal Reserve might resort to quantitative easing if risk assets collapse, potentially driving up gold prices. This comes amid ongoing discussions in financial markets about economic stability.