Rupiah and Stocks Weaken, Gold Slightly Corrects

RRI.CO.ID, Jakarta - Global financial markets showed mixed performance as economic data from the United States provided limited guidance for investors. The latest U.S. initial jobless claims data was slightly below the forecasted market expectations, indicating a slight improvement in the labor market.

U.S. jobless claims were recorded at 213,000, lower than the market forecast of 215,000. Despite the positive signal, the data did not significantly change investor sentiment. The Dow Jones Industrial Average closed slightly lower in the latest trading session.

A similar trend was seen across Asia, where most major stock markets ended the day in negative territory. Regional investor sentiment remained cautious due to ongoing global economic uncertainty and geopolitical risks.

In Indonesia, the Indonesia Composite Index (IHSG) also closed lower at the level of 7,699. The decline followed weaker regional market sentiment across Asia.

Investors are also awaiting the release of Indonesia’s trade balance data, which could provide additional insight into the country’s economic performance. Meanwhile, rising foreign exchange reserves may help ease market concerns following the recent increase in global oil prices.

The Indonesian Rupiah weakened during the trading session on Friday, 6 March 2026, reaching around 16,910 per U.S. dollar. Ongoing geopolitical tensions and conflict continue to put pressure on global financial markets and emerging market currencies.

The impact is also reflected in the gold market. The Gold price remained relatively strong, trading above $5,100 per troy ounce and around $5,131 per troy ounce during the session. However, the metal experienced limited correction as rising oil prices increased inflation concerns and strengthened the U.S. dollar, potentially delaying interest rare cuts.

In the domestic market, gold prices are still hovering around IDR 2.8 million per gram, showing a mild decline. If geopolitical conflicts continue, gold may maintain its role as a safe-haven asset and potentially strengthen further. However, prices are expected to remain volatile amid ongoing global uncertainty.