21.01.2025 09:51
Gold prices have risen with the second Trump term in the United States. The price of gold per ounce traded around $2,720, marking a 0.2% increase. The prices of gram and quarter gold also saw an increase. Gram gold was traded at 3,125 Turkish lira, while quarter gold changed hands at 5,110 Turkish lira.
Investors are focusing on the potential impacts of U.S. President Donald Trump's policies during his second term. Trump announced that he would impose a 25% tariff on Mexico and Canada starting early next month. However, he did not provide a timeline for tariffs on China.
Analysts noted that concerns about tariffs could escalate trade war fears. It was expressed that this situation could increase demand for safe-haven assets. Trump's policies are also said to carry inflation risks.
Gold prices have continued to rise since December 19, 2024, reaching new records. The protectionist approaches announced by Donald Trump, who took over the U.S. presidency, have supported gold.
Ounce Gold
Ounce gold started the day at $2709. During the day, the lowest level seen was $2702, and the highest was $2727. Currently, it is trading at $2724.
Gram Gold
Gram gold started the day at 3099 lira. During the day, the lowest level seen was 3092 lira, and the highest was 3121 lira. Currently, it is finding buyers at 3118 lira.
Gold in the Grand Bazaar
In the Grand Bazaar, gram gold is being bought at 3101 lira and sold at 3144 lira.