Historic Peak in Gold Prices: Ounce Surpasses $5,000, Gram Exceeds 7,000 Lira

Gold Surge in Global Markets On the final trading day of the week, the spot price of gold per ounce increased by 1.9 percent, rising to $5,097.48.
With this increase, gold provided a weekly return of 1.28 percent to its investors.
This movement in global markets has accelerated the search for safe-haven assets among investors.
Impact of Trade Policies and Tariffs U.S.
President Donald Trump's announcement of a 10 percent global customs tariff for a period of 150 days, replacing certain emergency tariffs invalidated by the Supreme Court, caused fluctuations in the markets.
Analysts predict that this uncertainty in trade policies could continue to support gold demand in the medium term.
Gram Gold Record in Domestic Market In the domestic market, gram gold prices gained value in parallel with the global rise.
Gram gold completed the last day of the week with a 2.07 percent increase at 7,183 lira.
The total weekly gain was recorded at 1.51 percent.
Signals of Slowdown in the US Economy The US economy grew by an annualized 1.4 percent in the fourth quarter of the year, falling short of the 3 percent expectations.
Weak consumer spending and the impact of the government shutdown on economic activity were influential in this slowdown.
Despite these figures, markets maintain the expectation that the Fed could implement two 25-basis-point interest rate cuts during the year.
Safe Haven Demand Continues Gold remains the primary choice for investors during periods of increased geopolitical risks and weakening economic outlooks.
Experts point out that volatility in global markets and concerns regarding trade wars may continue to influence pricing for some time.