02.06.2025 09:03
The escalation of tensions between Russia and Ukraine, along with new tax moves by the U.S., has directed investors towards gold. Starting the week with a surprising increase, gram gold is trading at 4,188 lira in the morning hours.
The resurgence of the Russia-Ukraine war and the threats of tariffs from the United States have accelerated the search for safe havens in global markets. The signal from U.S. President Donald Trump to double the tariffs on imported steel and aluminum has unsettled the markets. At the same time, the escalation of the war in Eastern Europe has directed investors towards gold.
START OF THE NEW WEEK WITH A RISE IN GRAM GOLD
Due to the effects of geopolitical and economic uncertainties, gold prices have started the new week with an increase. According to the instant data released in the morning hours, gram gold is trading at 4,188 lira.
GLOBAL RISKS INCREASE DEMAND FOR GOLD
Experts state that the increasing political and economic risks worldwide will continue to boost demand for gold. In particular, global developments such as war scenarios and trade tensions are expected to provide upward support for gold in the coming days.
HERE ARE THE CURRENT GOLD PRICES AS OF 09:00:
Gram gold: 4,188 TL
Ounce gold: 3,319 dollars
Republic Gold: 27,454 TL
Quarter Gold: 6,655 TL