The price of gold continues to be a hot topic of conversation among investors and the general public. Lately, it has been discussed that the price of gold at 2 million per gram is no longer just a dream, but a potential that is very likely to happen in the near future.

The potential increase in gold prices certainly attracts the attention of many parties, especially for friends who are interested in investing or simply storing valuable assets. According to President Director of PT Doo Financial Futures, Ariston Tjendra, the potential for gold prices to break Rp2,000,000 per gram is very open.

Tjendra predicts that within a year the increase in gold prices could reach Rp600,000 per gram. However, currency and commodity analyst Lukman Leong has a slightly different view. He said the price of gold could not reach 2 million per gram this year.

Even so, Lukman Leong did not rule out the possibility that gold prices could approach 2 million per gram. He said that in the near future gold could not reach Rp2 million but it was very likely to rise to the level of Rp1.75 million to Rp1.87 million per gram.

So, what are the factors that support the 2 million gold price increase? Come on, see the full review below!

1. Global Economic Policy Uncertainty Supports Gold Prices to Rise to 2 Million

One of the main factors that can push up gold prices to reach 2 million is the uncertainty of global economic policy, one of which relates to the tariff policy that will be carried out by the President of the United States, Donald Trump.

The tariff policy that will be implemented by Trump could trigger a trade war around the world and could create tension in the global market. This uncertainty makes investors worried about the stability of the world economy. As a result, many investors are turning to safe haven assets such as gold.

The high demand for gold as a safe haven automatically pushes gold prices up. If this uncertainty continues, it is not impossible that the gold price of 2 million per gram in Indonesia will soon be realized.

2. Rising Inflation

Inflation is the ultimate enemy of the value of money. When inflation increases, the purchasing power of money decreases, and the prices of goods and services rise. In such a situation, gold is often used as a tool to protect wealth as its value tends to rise with inflation.

If inflation continues to rise, it is not impossible that the gold price of 2 million per gram will soon be realized. Friends who want to protect wealth from the onslaught of inflation can consider gold as an investment option. Before it’s too late, you can secure your assets through digital gold investment in Treasury.

Treasury is the first digital gold investment application in Indonesia that is officially licensed by BAPPEBTI so that its security is guaranteed. Various advantages possessed by conventional gold will be obtained in digital gold coupled with various conveniences offered.

Some digital gold services that can make it easier for you to invest are buying and selling gold anywhere and anytime through the Treasury application, gold prices that are always updated every minute, and free storage fees. You can also start investing from the smallest amount of Rp5,000 only!

Also Read: Gold Price Prediction in 2025 According to Experts – Treasury

3. World Central Bank Policies

Central bank policies, especially the Federal Reserve (Fed) in the United States, have a major influence on gold prices. When the Fed raises interest rates, the value of the US dollar tends to strengthen, and the price of gold in US dollars will usually fall.

However, when the Fed lowers interest rates or eases monetary policy, the value of the US dollar weakens, and gold prices tend to rise. This condition will be favorable for the gold market as most investors will shift their assets to gold.

In addition, when interest rates fall and the value of the US dollar weakens, the price of gold for other currencies will be cheaper. This will encourage the purchase of gold from various countries so that the world gold price will also rise.

4. High Gold Demand from Other Countries’ Central Banks Could Be a Factor in Gold Prices Reaching 2 Million

Asian countries, such as China and India, are known as the largest gold consumers in the world. Both countries have a strong culture of using gold as jewelry, savings, or gifts. The high demand for gold from these countries can push global gold prices up.

In addition, central banks in some countries have also increased their gold reserves. According to data from the World Gold Council, the central banks with the highest gold demand in the third quarter of 2024 were Poland’s central bank at 42.33 tons, Hungary at 15.52 tons, and India at 12.88 tons.

This is done as part of a country’s asset diversification strategy amid global economic uncertainty. Even Goldman Sachs, an American multinational investment bank and financial services company, predicts gold purchases will continue in 2025 to reach 50 tons per month.

Are you ready to welcome the price of gold 2 million?

Predictions of gold prices reaching 2 million per gram are not impossible with the support of several factors above. This is certainly a great opportunity for friends who want to invest or protect wealth from global economic turmoil.

In investing in gold, make sure you monitor market developments, understand the factors that affect gold prices, and do not rush into making decisions. Through the right investment strategy, you can take advantage of the momentum of the increase in the price of 2 million gold for long-term benefits.

So, are you ready to welcome a new era where gold prices reach 2 million per gram? Let’s start investing in gold from now on so that you can get long-term benefits in the future!