The expectation for a new momentum in gold prices has gained strength.

Global markets have focused on the interest rate policy of the US Federal Reserve (Fed). The Fed lowered the interest rate from 5% to 4.75%.

Markets have also started to price in the Fed's move. Last week, gold, which had been breaking records, faced a sharp correction. Following the Fed's interest rate cut decision, gold has started to recover slightly.

After a short-term decline, there is an expectation of an increase in gold, for which experts have predicted a price of 3,000 dollars by the end of the year. Experts globally anticipate that gold could move towards new peaks, especially if global risk appetite increases.

GOLD OUNCE

The gold ounce started the day at 2,704 dollars. During the day, the lowest level seen was 2,694 dollars, and the highest was 2,710 dollars. Currently, the gold ounce is finding buyers at 2,695 dollars.

GRAM GOLD

The gram of gold started the day at 2,976 liras. During the day, the lowest level seen was 2,973 liras, and the highest was 2,993 liras. Currently, it is being traded at 2,975 liras.

GRAM GOLD IN THE GRAND BAZAAR

In the Grand Bazaar, gram gold is being bought at 3,051 liras and sold at 3,091 liras.

Here are the current figures for gold on the last day of the week: