26.02.2025 10:31
The tax policies of U.S. President Donald Trump continue to support the rise in gold as economic data in the U.S. begins to deteriorate. The escalation of trade wars and massive purchases by central banks have driven precious metal prices into a weeks-long upward trend. The decline that started yesterday has carried into the second day.
The downward trend in gold prices has continued into the second day. Gold investors and followers are closely monitoring price movements, while it has been reported that the activity in the gold market has increased in the Grand Bazaar.
The yellow metal, which has been breaking records for weeks, is in the news with a slight pullback. As the pullback that started yesterday continues today, investors who see the price drop as an opportunity and are focusing on targets of 3,000 dollars for an ounce of gold and 4,000 lira for a gram of gold are continuing to buy.
GRAM GOLD PRICES
Gram gold started the day at 3,413 lira. During the day, the lowest level seen was 3,413 lira, and the highest was 3,435 lira. Currently, it is being bought at 3,422 lira.
OUNCE GOLD PRICES
Ounce gold started the day at 2,912 dollars. During the day, the lowest level seen was 2,912 dollars, and the highest was 2,930 dollars. Currently, it is being traded at 2,919 dollars.
GRAM GOLD IN THE GRAND BAZAAR
In the Grand Bazaar, gram gold is being bought at 3,474 lira and sold at 3,519 lira.
NOTE: The content in this news is not investment advice.