08.04.2026 06:50
After the announcement that the US, Israel, and Iran have agreed to a two-week ceasefire, gold prices began to rise. The price of gold per ounce jumped by $100, while the price of gold per gram approached the 7,000 TL threshold.
After the decline experienced in previous days, gold prices, which followed a cautious trend yesterday, rose following the announcement of a two-week ceasefire with Iran by U.S. President Donald Trump.
100 DOLLAR JUMP IN OUNCES OF GOLD
Following Trump, Israel and Iran also announced that they accepted the ceasefire, and with the possibility of the Strait of Hormuz reopening to ship traffic, the price of ounce gold rose to 4,850 dollars. Starting the day at the level of 4,700 dollars, ounce gold is trading at around 4,800 dollars as of 06:00 due to the impact of these developments. With a 2.5% increase, gold has reached its highest level since March 19.
GRAM GOLD HAS REACHED THE DOOR OF 7,000
Before the ceasefire agreement, gram gold was at the level of 6,745 TL, but it rose to 6,950 TL, challenging the 7,000 barrier. However, after a subsequent decline, the gram of gold is at 6,875 TL as of 06:00.
SILVER ALSO ROSE
On the other hand, similar to gold, silver also started to rise, heading towards 76.50 dollars. In March, the gray metal saw a low of 61 dollars, and in yesterday's transactions, it tested 69.80 dollars before closing at 72.90 dollars. The gram of silver is trading at 109 TL as of 06:00.