01.04.2025 10:00
Gold continues to rise amid U.S. President Donald Trump's new tariff announcements and uncertainties in global markets. The search for a safe haven among investors has increased demand for gold, pushing prices to new record levels. On the second day of the week, the price of gold per gram reached 3,835.37 TL, while the price of gold per ounce tested historic levels at 3,144.46 dollars.
The new customs tariff announcements by U.S. President Donald Trump have led to a new record attempt for gold, reaching 3,110 dollars on the first day of the week, increasing its value by 18.09% since the beginning of the year. Experts indicate that if the uncertainty in the markets continues, upward movement in gold prices may persist.
The gram gold, which had a starting value of 2,994.70 TL at the beginning of the year, has increased by 807.0 lira, gaining 26.95% in value. In the last year, gram gold has risen from 2,325.45 lira to 3,801.71 lira, appreciating by 63.48%.
GRAM GOLD
Starting the week with an increase, gram gold continues to maintain its upward momentum on the second day of the week. As of Tuesday, April 1, 2025, the price of gram gold in the free market is 3,835.37 TL.
Quarter gold is trading at 6,270.84 TL, half gold at 12,541.67 TL, and Republic gold at 25,676.27 TL.
In international markets, the price of gold continues to rise. As of today, the price of gold is at 3,144.46 dollars per ounce.
WHAT AWAITS GOLD INVESTORS?
President Donald Trump's announcement of new customs tariffs that will cover all countries has increased activity in the gold market. Experts expect a pullback in gold prices if the tariffs are lighter than expected, while indicating that the rise in gold will continue in the medium and long term due to ongoing uncertainties.
Trump's tariffs, central banks' gold purchases, geopolitical risks, and the possibility of a rate cut by the FED continue to support gold prices in global markets.