Record Surge in Gold Prices: Gram Gold Hits 7,277 TL

Global Markets: Spot Gold Nears Peak The US Supreme Court's decision to invalidate a significant portion of the customs tariffs implemented by Donald Trump led to a depreciation of the dollar and a strengthening of gold in global markets.
Spot gold prices increased by 1.2 percent to reach $5,163 per ounce, marking the highest level in the last three weeks.
Meanwhile, US gold futures for April rose by 2 percent, trading at $5,184.
Domestic Gram Gold at Record Levels The upward momentum in spot gold was directly reflected in the domestic market.
Gram gold started the week with a 1.3 percent premium, reaching the 7,277 TL level.
The decline in the dollar index following the court ruling was among the primary factors supporting gold prices.
Analysts point out that this decision weakens the government's authority to implement sudden and comprehensive tariffs.
Fed Rate Cut Expectations Strengthen The US economy slowing down more than expected in the fourth quarter has bolstered market expectations that the US Federal Reserve (Fed) will implement interest rate cuts.
Investors anticipate that the Fed will make three 25-basis-point rate cuts during the year.
Although the sharpest decline in public spending since 1972 was recorded, the stability in consumer and corporate spending indicates that economic resilience continues.
Geopolitical Risks and the Impact of Chinese Holidays Geopolitical risks in West Asia and the possibility of conflict are among the factors limiting more aggressive upward movements in prices.
On the other hand, markets in mainland China are closed due to the Lunar New Year holiday, which has reduced trading volume.
Experts warned that low volume can occasionally lead to sharp price fluctuations.
Global markets are also closely monitoring news flow regarding nuclear program negotiations between the US and Iran.