The price of gold on Thursday (8/4) trading has the potential to strengthen to the area of US$1,745 per troy ounce.

Commodity Observer Ariston Tjendra said that the US Central Bank's affirmation in releasing the minutes of its March meeting this morning to maintain its low-interest-rate policy could be a driving sentiment to lift gold prices today.

"The low-interest-rate policy could trigger a weakening of the US dollar and this weakening could raise commodity prices which are valued in US dollars," he said in Jakarta.

This morning, the price of gold is still moving within the range of price movements for the last two days. Currently, the price is moving in the range of 1,737 dollars per troy ounce.