New Record in Gold Prices: Gram Gold Hits 7,271 Liras

Gram gold reached a record 7,271 liras on the first trading day of the week, while spot gold hit a three-week high driven by US judicial rulings and geopolitical tensions.

New Record in Gold Prices: Gram Gold Hits 7,271 Liras

Current Market Status Gram gold, which closed at 7,184 liras on Friday following a 2.1% increase in line with the rise in ounce prices, started the new week at the 7,271 lira level.
In the free market, current figures show quarter gold trading at 12,408 liras, while Republic gold is finding buyers at 49,222 liras.
Impact of Global Developments on Spot Gold The price of gold per ounce in global markets is trading at $5,160, which is 1.2% above Friday's close.
The upward movement in spot gold, which tested its highest level in the last three weeks by reaching $5,176.6 during the day, was influenced by judicial decisions in the United States and geopolitical tensions.
The US Supreme Court's ruling that the "emergency" tariffs implemented by President Donald Trump were contrary to the law led to a weakening of the dollar, thereby supporting gold prices.
Additionally, geopolitical developments originating from the US and Iran continue to be decisive factors in pricing.
Data in Market Focus Analysts stated that while the domestic data agenda remains calm, a busy international schedule will be followed.
In addition to durable goods orders and factory orders data in the US, the speech to be delivered by European Central Bank (ECB) President Christine Lagarde is of critical importance for the direction of the markets.

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