05.09.2025 11:36
As expectations for interest rate cuts in the U.S. push gold prices higher, the price of gram gold has reached a historic peak. Following a 0.6% increase, gram gold has surpassed 4,723 lira, setting a new record.
Gold prices continue to rise as expectations increase that the Federal Reserve (Fed) will cut interest rates. The safe haven of investors, gold, is moving towards its best performance in the last three months. While the Fed will announce its interest rate decision on September 17, there is also curiosity about how today's non-farm payroll data will affect the markets.
WHAT ARE THE GOLD PRICES IN GRAMS?
In recent weeks, gold prices have been breaking records one after another, bringing smiles to investors. On the morning of September 5, gold woke up to another record.
Gram gold started the day at 4,695 lira. During the day, it saw a low of 4,691 lira and a high of 4,723 lira, setting a new record. Currently, gram gold is being bought at 4,719 lira.
On the other hand, ounce gold started the day at 3,545 dollars. During the day, it saw a low of 3,540 dollars and a high of 3,561 dollars. Currently, it is trading at 3,545 dollars.
BIG PREDICTION FROM A U.S. BANK
Goldman Sachs predicts that if the Federal Reserve (Fed) loses its credibility and investors turn from Treasury bonds to gold, the price of gold per ounce could rise to 5,000 dollars. The report states that a rise to 4,000 dollars in the price of gold per ounce by mid-2026 is the "base scenario." Additionally, a "tail risk" scenario of 4,500 dollars and a prediction of 5,000 dollars if only 1% of the U.S. Treasury market shifts to gold were included.
According to Goldman Sachs' note, if ounce gold reaches 5,000 dollars, in an environment where the dollar/TL exchange rate remains stable at 41.15, the price of gram gold could rise to 6,600 TL.
Analysts stated, "If only 1% of the U.S. Treasury bond market shifts to gold, assuming all else remains constant, the price of gold per ounce could rise to approximately 5,000 dollars. Gold continues to be our long-term investment recommendation with the highest reliability in the commodity market."
GOLD PRICES ON FRIDAY, SEPTEMBER 5
GRAM GOLD
Buy: 4,719
Sell: 4,719
QUARTER GOLD
Buy: 7,549
Sell: 7,715
HALF GOLD
Buy: 15,054
Sell: 15,432
FULL GOLD
Buy: 30,718
Sell: 30,926