Gold Celebration! The world gold price has stabilized once again at its all-time high. On Thursday, September 4, 2025, at 06:24 WIB, spot gold prices edged up slightly by 0.002% to USD3,558.59 per troy ounce. This movement confirms the ongoing rally trend, although the pace of gains is starting to slow down.
The day before, on Wednesday, September 3, 2025, gold closed with a jump of 0.72% to USD3,558.48 per troy ounce, extending the rally to a seven-day streak with a cumulative increase of 5.8%. During the session, gold even touched an intraday record of USD3,570 per troy ounce, surpassing the previous high of USD3,540 per troy ounce.
A series of records has been set since last weekend. Gold prices have closed at their highest levels for four consecutive days, starting from Friday USD3,446.75 per troy ounce, Monday USD3,475.87 per troy ounce, Tuesday USD3,532.92 per troy ounce, and Wednesday USD3,558.49 per troy ounce. This consistency points to a solid momentum in gold’s upward movement.
The gold rally has been largely influenced by weakening U.S. economic data, which has increased the chances of a rate cut by the Federal Reserve. The probability of a 25 basis point rate cut in the upcoming September 16-17 meeting has risen to 98%, up from 92%.
The rise has also been boosted by political factors. U.S. President Donald Trump’s open criticism of Fed Chair Jerome Powell and his attempts to pressure Governor Lisa Cook have once again raised concerns about the central bank’s independence.
This has led investors to grow more skeptical of the U.S. dollar and turn to gold as a safe-haven asset. Several analysts believe the gold rally still has room to run, with short to medium-term targets projected between USD3,600 and USD3,800 per troy ounce, while an ambitious target of USD4,000 per troy ounce could be reached early next year.
Gold Prices Today, Thursday September 4 2025 in Indonesia
Not only has global gold continued to set records, but gold prices in Indonesia have also made significant gains. On Thursday, September 4, 2025, at 08:21 WIB, Antam’s gold buying price surged by IDR 9,000 to IDR 2,044,000 per gram. This increase marks a new all-time high, crossing the IDR 2.044 million per gram level for the first time.
This surge extends the strengthening trend that has been ongoing since early in the week. Over the past two days, gold prices have risen by IDR 35,000 per gram, underscoring high domestic investor interest in the precious metal amid the global rally.
Buyback prices, or resale prices, have also increased in line with the buying price. Today, Antam’s buyback gold is at IDR 1,891,000 per gram, up IDR 9,000 from the previous level of IDR 1,882,000 per gram.
Meanwhile, digital gold on the Treasury application has been more dynamic. At 09:00 WIB, Treasury gold prices stood at IDR 1,938,964 per gram, an increase of about IDR 12,000 from yesterday’s IDR 1,926,025 per gram. This movement reflects strong bullish sentiment for gold in the digital realm as well.
Future Gold Price Predictions
World gold prices have again hit historic records. Surpassing the intraday record of USD3,500.5 per troy ounce set in April 2025. The rally’s momentum was reinforced by a surge to USD3,539 per troy ounce on Wednesday amidst monetary political turmoil in the U.S. and expectations of a Federal Reserve rate cut.
Technically, breaking above USD3,500 per troy ounce opens the way for further gains toward USD3,600-3,650 per troy ounce in the coming weeks. Although the Relative Strength Index (RSI) around 74 signals an overbought condition and vulnerability to a brief correction toward USD3,450-3,400 per troy ounce, this area now serves as a strong support level.
As long as prices remain above USD3,500 per troy ounce, market bias tends to be bullish, and the rally is expected to continue. On the fundamental side, market sentiment is driven by dovish cues from Jerome Powell, expectations of a Fed rate cut in September, and political uncertainty following President Trump’s dismissal of Fed board members.
Other factors supporting the rally include massive central bank purchases worldwide, a weakening U.S. dollar, and inflows into gold ETFs. These demands have made gold increasingly attractive as a safe-haven asset amid global uncertainties. Additionally, Goldman Sachs predicts gold prices could reach USD3,700 per troy ounce by the end of 2025, with a baseline scenario targeting USD4,000 per troy ounce by mid 2026.
In a more extreme scenario involving a global recession or geopolitical turmoil, gold prices could surge to USD4,500 per troy ounce by the end of 2025. Long-term prospects are also bolstered by trends in developing countries that continue to increase gold reserves, alongside rising demand from the electronics and AI technology industries.
Time to Invest in Gold, Starting from Just Around IDR 5,000
Daily price fluctuations of gold should not overly worry investors, as gold’s value tends to appreciate steadily over the long term. This is why gold is more ideal for medium to long-term investment. For those just starting out, there’s no need to hesitate. Gold investment can now be started very easily, even with just IDR 5,000 through Treasury.
Treasury is Indonesia’s first licensed digital physical gold trader authorized by BAPPEBTI. All transactions are conducted digitally but remain secure, as Treasury is also registered with Komdigi and partners with ICH to guarantee user security. Furthermore, Treasury is a member of ICDX, a clearing and futures exchange under BAPPEBTI supervision. So, there is no need to worry about legality and security.
Apart from security, Treasury offers various attractive features such as Jamimas, a gold-based loan service, and Gold Harvest, with interest rates up to 9% annually, plus free gold storage and transfer fees. There are also many promotions and special rewards that make saving gold more enjoyable.
Interestingly, even though you save gold through the app, the gold you accumulate can still be physically minted into bars, coins, or jewelry, as Treasury works directly with PT Antam and UBS.
So, what are you waiting for? Download the Treasury app now and start your gold investment for a safer financial future today and beyond
