AS–Iran Negotiations Fail, Here’s the Gold Price Outlook for the Coming Week


Negotiations between Amerika Serikat (AS) and Iran ended without an agreement. After that, precious metal prices are projected to rise again.
After the failed negotiations, Currency and Commodity Analyst, Ibrahim Assuaibi, estimates that within this two-week period, both AS–Israel maupun Iran will consolidate. The potential for open war could also return.
“If it truly happens that there is an open war, this will help gold prices rise,” Ibrahim said on Sunday (12/4/2026).
Ibrahim added that if Iran again closes the Strait of Hormuz, then global oil prices will rise, the U.S. dollar index will strengthen, and inflation will be high. If that happens, bank sentral global is likely to keep interest rates and/or raise interest rates.
Meanwhile, in the week ahead, if the price of global gold corrects, Ibrahim projects the first support at US$ 4,638 per troy ounce and precious metals at Rp 2.840.000 per gram.
If it corrects again, the second support level for global gold is estimated at US$ 4,358 per troy ounce, and the price of precious metals is very likely at Rp 2.780.000 per gram.
However, if prices were to rise, the first resistance level for global gold would be at US$ 4,897 per troy ounce, and precious metals would be at Rp 2.880.000 per gram.
If it strengthens again, in the week ahead, global gold prices could jump above US$ 5,000 per troy ounce—that is, at US$ 5,138 per troy ounce—and precious metals at Rp 3.100.000 per gram.
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