11.04.2025 09:01
The increasing tension between the U.S. and China has reflected in safe-haven gold prices. Following Trump's gradual increase of additional tariffs on China, the yellow metal reached a new peak. Gold reached a historic high of $3,219 per ounce.
The safe haven gold has reached a historic level. It continues to break records due to geopolitical risks, increasing uncertainty, concerns about economic stagnation, and uncertainties regarding the potential consequences of the U.S. tariff policy.
Gold prices rose again following U.S. President Donald Trump's additional tax decisions. The impact of Trump's economy on the gold market has directly caused prices to rise. This situation has created a new opportunity for investors to evaluate their gold investments. For the first time, the ounce of gold surpassed the level of $3219, reaching a new peak due to the weakening dollar and the effects of the trade war that led investors to seek safe haven assets.
The ongoing escalation of the trade war between the U.S. and China, the devaluation of the dollar against other currencies, and the expected stagnation in the global economy are directing investors towards gold.
GRAM GOLD HAS INCREASED BY 32%
Gram gold has gained 32% in value since the beginning of the year, surpassing other investment instruments.
GRAM GOLD PRICES
Gram gold started the day at 3871 lira. During the day, it saw a low of 3871 lira and a high of 3944 lira. Currently, it is being traded at 3936 lira.
OUNCE GOLD PRICES
Ounce gold started the day at $3175. During the day, it saw a low of $3175 and a high of $3220. Currently, it is being traded at $3217. Experts have started to see the $3500 level as the first target for ounce gold. If the dollar continues to lose strength, further increases in ounce gold are expected.
GRAM GOLD PRICES IN THE GRAND BAZAAR
In the Grand Bazaar, gram gold is being bought at 3967 lira and sold at 4023 lira.