07.02.2025 10:21
Safe haven gold prices are reflecting a trade environment that has turned into a war, leaving global competition behind. With the initiation of trade wars by the United States, gold prices have started to gain strength.
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Gold investors continue to experience their golden days. The re-initiation of trade wars by U.S. President Donald Trump with additional tariffs has benefited gold. Gold prices have been on an upward trend for 6 weeks.
Before the employment report to be announced today in the U.S., gold is trading close to record levels. Political uncertainties in the U.S. are pushing investors towards protectionism, and investments in gold are increasing even more.
ONS GOLD
One ounce of gold started the day at $2856. During the day, the lowest level seen was $2854, and the highest was $2870. Currently, it is trading at $2868.
GRAM GOLD
Gram gold started the day at 3296 lira. During the day, the lowest level seen was 3294 lira, and the highest was 3321 lira. Currently, gram gold is finding buyers at 3319 lira.
GRAM GOLD IN GRAND BAZAAR
In the Grand Bazaar, gram gold is being bought at 3336 lira and sold at 3379 lira.
NOTE: The content in this news is not investment advice.
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