Trump Effect on Gold and Silver: Gram Gold Surpasses 7,500 TL Threshold

Geopolitical tensions following US President Trump's statements on Iran have driven gold and silver prices to record highs, with physical gram gold reaching 7,511 TL in the Grand Bazaar.

Trump Effect on Gold and Silver: Gram Gold Surpasses 7,500 TL Threshold

Geopolitical Volatility in Markets Precious metals, which sought direction at critical thresholds throughout the week, surged following statements from US President Donald Trump signaling potential military intervention against Iran.
Driven by increased safe-haven demand, spot gold closed the week at $5,104, finishing Friday with a 2.25% gain.
Although spot gold tested the $5,602 level during the week, it experienced some pullbacks due to profit-taking but managed a strong recovery by the weekly close.
Gram Gold Record in the Domestic Market The volatility in global markets boosted demand for physical gold in the domestic market.
On digital exchanges, gram gold traded at 7,198 TL, marking a weekly increase of 1.17%.
Other gold products also saw significant gains: Quarter Gold: 11,911 TL Republic Gold: 47,894 TL Silver Ends Three-Week Losing Streak Spot silver ended its three-week losing streak, closing the week at $84.60 and gaining 9% on a weekly basis.
In the domestic market, gram silver reached 119 TL, with a daily increase of 8% and a weekly rise of 10%.
At retail jewelers, gram silver was traded at 123 TL, narrowing the gap with screen prices.
Among other investment vehicles, investment funds lost 0.51%, while pension funds decreased by 0.86%, ending the week in negative territory.

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