Today’s Gold Price: Soaring High, Reaches New Record!
As of today, Tuesday, September 23, 2025, the price of gold is once again showing a brilliant performance with a significant increase. Antam gold bars, one of the most popular investment instruments in Indonesia, recorded a surge of Rp 41,000 per gram to Rp 2,164,000.00 per gram. This drastic increase has pushed the price of gold to an all-time high (ATH). This robust domestic price rally is a direct reflection of a powerful upward trend in the global market.
XAU/USD Analysis: Why Is Gold Soaring Drastically?
To understand the gold rally, we need to look at the global market, specifically the XAU/USD ticker, which represents the price of an ounce of gold in US dollars. A look at the chart reveals a clear bullish momentum, fueled by key technical and fundamental factors.
The chart above shows the movement of XAU/USD, breaking a key resistance level.
1. The Strong Breakout Pattern
The XAU/USD chart shows a convincing breakout pattern. After repeatedly testing a crucial resistance level around $2,350 per troy ounce, the price finally broke through, climbing steadily to hit the $2,400 mark. This breakout is supported by exceptionally high trading volume, which indicates a strong influx of buying pressure from both institutional and retail investors. This confirms the market’s conviction in gold’s upward trajectory.
2. The Weakening US Dollar (DXY)
The price of gold is intrinsically linked to the US dollar. As the US dollar’s value weakens, gold becomes cheaper for buyers using other currencies, driving up demand and, consequently, its price. The US Dollar Index (DXY), which measures the dollar’s strength against a basket of major currencies, has been in a downward trend. This is largely due to growing market expectations that the Federal Reserve (The Fed) will cut interest rates in the near future. A lower interest rate makes the dollar less attractive to investors, pushing its value down and providing a strong tailwind for gold.
Fundamental Factors Behind the Gold Surge
While technical analysis tells us what the price is doing, fundamental analysis explains the “why.” Several major factors are at play here:
- The Fed’s Monetary Policy Expectations: The global market is closely watching for signals on monetary policy from the Fed. With US inflation showing signs of cooling and economic growth moderating, market participants are increasingly confident that the Fed will initiate a series of interest rate cuts. This expectation makes non-yielding assets like gold highly appealing compared to bonds and other interest-bearing investments.
- Escalating Geopolitical Risks: Ongoing geopolitical conflicts in Eastern Europe and the Middle East, along with rising global economic uncertainty, are prompting investors to seek safety. Gold, with its historical reputation as a reliable store of value during times of crisis, is the go-to asset for risk-averse investors. The increased demand for this safe haven asset pushes its price higher.
- Central Bank Buying: In addition to private investors, central banks around the world have been massive buyers of gold. They are diversifying their foreign reserves away from the US dollar, which further fuels demand and supports the gold market at a macro level.
What Does This Mean for Investors?
The combination of a strong technical breakout on the XAU/USD chart and robust fundamental drivers suggests that the gold rally could continue. Analysts are now setting their sights on new all-time highs, with some even forecasting a potential breach of the $2,500 mark before the year ends. However, gold is not without its risks. The market is highly volatile, and a sudden change in economic data or a shift in central bank rhetoric could cause a price correction. It’s crucial for investors to stay informed and conduct thorough research.
Disclaimer: This article is for informational purposes only and does not constitute investment advice. You should always consult with a financial professional before making any investment decisions.
