10.11.2025 20:52
Gold prices started the week with a sharp increase. The price of gold per ounce rose to $4,076, surpassing a critical threshold, while the price of gold per gram gained approximately 86 Turkish lira since the morning hours. The temporary budget agreement for the reopening of the government in the U.S. supported the rise in gold prices. Currently, the price of gold per gram is trading at 5,533 TL.
Gold prices started the first trading day of the week with a sharp rise. The ounce of gold exceeded the 4,000 dollar mark, reaching up to 4,076 dollars, while the gram of gold gained approximately 86 lira since the morning opening.
ACTIVITY IN GLOBAL MARKETS
The agreement reached by Democrats and Republicans in the U.S. Senate on a temporary budget after a 40-day government shutdown created a positive atmosphere in the markets. It is anticipated that the temporary budget will fund the government until the end of January, and this development supported gold prices.
OUNCE OF GOLD EXCEEDS 4,000 DOLLAR THRESHOLD
With the increase in global uncertainties, the demand for safe havens rose. The ounce of gold, which was trading at 4,052 dollars in the morning hours, later rose to 4,076 dollars. Experts indicate that if the 4,000 dollar threshold is maintained, new records in the ounce of gold may come to the agenda.
CONTINUED RISE IN GRAM GOLD
With the record levels in the dollar/TL exchange rate also having an effect, gram gold made a strong start to the week. Trading at around 5,500 TL in the morning hours, gram gold rose to 5,533 TL as of 10:35. Market experts evaluate that gram gold may test the 5,600 TL threshold in the short term, along with the momentum in the ounce of gold.