Gold Prices Today, September 19, 2026: Antam, Galeri 24 Pegadaian, UBS

Gold prices reached their highest level in one week near 4,380 US dollars per troy ounce. This increase marked the first weekly gain after four consecutive weeks of decline.

The movement in gold prices was also influenced by falling oil prices, which eased concerns over prolonged inflationary pressures.

However, gold's gains were restrained by a stronger US dollar following the Federal Reserve's (The Fed) 25 basis point interest rate hike on Wednesday (September 16, 2026).

The Fed also indicated the possibility of further rate hikes in the coming months. Markets currently estimate about a 60 percent chance of the next rate hike occurring in October.

On the other hand, the Bank of Japan raised its interest rate to the highest level in 31 years and signaled potential further increases.

Brent crude oil prices also fell for the third consecutive session. The drop occurred as concerns about supply disruptions from Saudi Arabia eased, although markets remain cautious about the risk of broader conflict escalation in the Middle East.

Meanwhile, silver prices were at 66.24 US dollars per troy ounce on Friday (September 18, 2026).

This price rose by 1.044 US dollars or 1.60 percent in daily trading. Monthly silver prices declined by 1.03 percent, but on an annual basis, silver still recorded a gain of 53.75 percent.