09.06.2025 11:21
The price of gold per gram has started the new week with an increase, currently trading at 4,191 Turkish lira. The rise following Friday's decline is catching the attention of investors. Additionally, trade talks between the U.S. and China, as well as U.S. inflation data, are in the spotlight for investors.
The gram of gold is trading at 4,191 lira after starting the week with an increase. The gram price of gold, which lost value in parallel with the decline in the ounce price on Friday, ended the day at 4,174 lira, down 1.5%. After starting the new day with an increase, the gram price of gold is at 4,191 lira, having gained 0.4% as of 10:00 AM. The quarter gold is sold for 6,903 lira, and the republic gold is sold for 27,496 lira.
The ounce price of gold is trading at 3,324 dollars, up 0.2% in the new day. While the tariff negotiations planned to be held today between the US and China contribute to a slight reduction in ongoing global risks, the variability in the US administration's protectionist trade policies is causing investors to act cautiously.
THE DATA IN QUESTION WILL PROVIDE CLUES REGARDING FED PROJECTIONS
Analysts stated that, in addition to the US-China trade talks, the inflation data to be announced in the US on Wednesday is in the focus of investors, noting that this data could provide clues regarding the projections of the US Federal Reserve (Fed). Analysts also mentioned that the wholesale inventory data to be announced in the US will be monitored abroad, and from a technical perspective, the resistance level for the ounce price of gold is at 3,400 dollars, while the support level is at 3,280 dollars.