Jakarta - The gold price on Monday (25/10) has the opportunity to strengthen in line with market players' concerns about rising global inflation triggered by rising energy prices.

"This sentiment will still encourage the strengthening of gold prices today," said Commodity Observer Ariston Tjendra in Jakarta.

As for today's gold price has the opportunity to strengthen to the area of US $ 1810 per troy ounce.

But on the other hand, US Central Bank Governor Jerome Powell's statement at an online conference on monetary policy stability amid the pandemic at the end of last week, that the Fed is still on the path of reducing stimulus, was able to hold back the strengthening and suppress gold prices.