The U.S. central bank, The Fed, has raised its benchmark interest rate for the first time since July 2023.

BI holds its benchmark rate at 5.75% amid global pressures. The central bank focuses on rupiah stability through non-interest rate instruments.

Global gold prices rose 1 percent this week, ending a four-week downward trend. Falling oil prices eased inflation fears.

Global gold prices or XAUUSD are still likely to face downward pressure in trading next week.

Japan’s central bank, the Bank of Japan (BOJ), has raised its policy interest rate by 25 basis points to 1.25 percent, reaching the highest level in 31 years.