21.03.2025 09:20
Due to developments both domestically and internationally, gold prices reached a new record on Tuesday. The price of gold per gram hit 4,011 lira. The easing of political tensions has also paved the way for a slight decrease in gold prices. The price of gold per gram started the last day of the week at 3,703 lira, while the price of gold per ounce began at 3,030 dollars.
In recent times, the rapidly rising gold prices are breaking through historical peak levels one by one, setting new records. Affected by global and local developments, gold prices slightly retreated after reaching a new historical record.
U.S. President Trump's statement that "We are doing quite well" regarding the Russia-Ukraine ceasefire, along with the decision of the Federal Reserve and the Bank of England to keep interest rates unchanged, had an impact on the global gold market. Major investors sold their gold in succession. Pricing in these developments, gold peaked at $3057 per ounce, then retreated to start the day at $3030. In the domestic market, the gram gold, which saw 4011 lira for the first time in history, slightly pulled back due to the easing political atmosphere.
SUPPORT AND RESISTANCE LEVELS IN OUNCE GOLD
Analysts indicate that $2957 stands out as a technical support and $3000 as a psychological support for ounce gold, stating, "The $3055 level will be monitored as a short-term resistance. If it remains above $3000, the main upward trend may continue. In the medium term, the $3150-3200 band continues to be a target."
GRAM GOLD PRICES
Gram gold started the day at 3703 lira. During the day, it saw a low of 3699 lira and a high of 3722 lira.
GRAM GOLD PRICES IN THE GRAND BAZAAR
In the Grand Bazaar, gram gold is being bought at 3687 lira and sold at 3742 lira.
OUNCE GOLD PRICES
Ounce gold started the day at $3030. During the day, it saw a low of $3029 and a high of $3047. Currently, it is trading at $3033.