07.01.2025 09:40
Gold prices are moving sideways in global markets. The precious metal is trading just above the support line at $3,000. Experts suggest that a break of this support could signify a downward movement that may be akin to a plunge off a cliff.
The uncertainty in gold prices continues. Investors and economic followers are curious about where gold prices will head, while prices have been fluctuating around 3 thousand dollars for about the last week. Experts indicate that gold prices are on the edge of a cliff.
Gold, which is trying to hold above the 3 thousand lira level but facing sales, is focused on the data expected from the US this week. While a decline and stagnation are anticipated in the commodity markets this year, gold may show a risk-averse mode due to geopolitical risks and government debts.
ONS GOLD
On the first day, the ounce of gold started at 2634 dollars. During the day, the lowest level seen was 2632 dollars, and the highest was 2644 dollars. Currently, it is trading at 2644 dollars.
GRAM GOLD
The gram of gold started the day at 2990 lira. During the day, the lowest level seen was 2987 lira, and the highest was 3005 lira. Currently, it is trading at 3004 lira.
GOLD IN THE GRAND BAZAAR
In the Grand Bazaar, the gram of gold is being bought at 3010 lira and sold at 3057 lira.