24.12.2025 10:16
While gold and silver are breaking record after record, the price of gold per ounce has surpassed the $4,500 level for the first time in history. Gold, which has gained over 71% in value throughout the year, has shown its best performance since 1979. Silver, which has increased by 141% this year, has also set a record at $72.70.
Gold, silver, and platinum prices continue to rise, with the price of gold per ounce surpassing the $4,500 level for the first time in history. Expectations for interest rate cuts by the U.S. Federal Reserve (Fed) next year and the impact of geopolitical developments have drawn attention to new records in precious metals.
GOLD OUNCE
Spot gold reached a historic peak of $4,552. Starting the day at $4,498, gold per ounce was trading at around $4,496 as of 10:00 AM.
GRAM GOLD
In the domestic market, gram gold started the day at 6,192 lira. Throughout the day, gram gold fluctuated between 6,160 lira and 6,235 lira, finding buyers at 6,195 lira as of 10:00 AM.
SILVER
While the upward momentum in silver is maintained, spot silver reached a historic peak of $72.70. As of 10:00 AM, silver was trading at $72.49, while the gram price of silver hovered around 99.82 lira.
FIRST TIME IN 46 YEARS
It is noted that gold is expected to gain over 71% in value throughout 2025, marking its best performance since 1979, while silver is recorded to have increased by 141% during the same period. Analysts point out that after the Fed is expected to cut rates twice by 25 basis points in 2025, investors are pricing in the possibility of two similar rate cuts in 2026. The expectation of low interest rates is expressed as a significant factor in directing investors towards precious metals.
On the other hand, the trade tensions between the U.S. and China, the increasing tensions between the U.S. and Venezuela, and developments in the Russia-Ukraine war are also considered to support safe-haven demand, impacting gold prices.