23.09.2025 09:41
Gold bullion reached a record high of 5,003 TL in the morning hours. Experts indicate that expectations of interest rate cuts from the Fed and ETF inflows will continue to support prices in the last quarter of the year.
The gold prices have reached a historic peak. In domestic markets, the gram gold reached 5,004 TL in the morning hours, marking the highest level ever.
RECORD IN OUNCES OF GOLD
In international markets, the ounce of gold also broke a record at 3,759.23 dollars/ounce. This increase was influenced by expectations that the U.S. Federal Reserve (Fed) will enter a cycle of interest rate cuts and continued inflows into exchange-traded funds (ETFs).
EXPECTATIONS OF ANALYSTS
According to experts, with the Fed's interest rate cuts remaining on the agenda, gold is expected to maintain its strong trend as we approach the last quarter of the year. It is noted that ETF inflows are still the most significant driving force for prices.
Here are the gold prices as of 09:30;
WARNING FROM ISLAM MEMİŞ
Islam Memiş, an expert on gold and currency markets, issued notable warnings to investors in his weekly analysis, stating, "It is not the right time to buy gold, but it may be reasonable for those in need of cash to sell."