The price of gold on Wednesday's trading (10/3) has the potential to rebound by moving in the range of 1725-1740 US dollars per troy ounce.

"The strengthening of gold prices responds to the corrected yield or yield on US government bonds with a tenor of 10 years. Yesterday, the yield was corrected by 4.4% to 1.528%," said Commodity Observer Ariston Tjendra in Jakarta, Wednesday (10/3).

The yield correction was in line with the waiting of market players for the US$1.9 trillion stimulus agreement. However, today's strengthening of gold prices is still vulnerable.

"US government bond yields still have a chance to rebound, and this could push back the price of gold," said Ariston.