On Monday (3/5), the gold price has the opportunity to experience pressure by moving in the range of US$1760-US$1785 per troy ounce.

"The economic recovery that occurred in the US with the release of improved economic data last week could still put pressure on gold prices today," said Commodity Observer Ariston Tjendra in Jakarta.

However, market concerns about the increase in COVID-19 in the world could help prevent the decline in the price of this precious metal.