22.04.2025 08:50
As the China-U.S. trade war continues to shake the entire world, concerns are rising among investors due to U.S. President Donald Trump's threats to dismiss Federal Reserve Chairman Jerome Powell, prompting them to seek safe havens. As of yesterday, the price of gold per gram reached 4,203 Turkish lira, while this morning, the price of a quarter gold rose to 7,103.00 Turkish lira.
As threats between the USA and China increase, the euro has set a new record by surpassing 44 lira in markets where the dollar is weakening. This tense environment has benefited gold the most. The ounce, gram, and processed gold have all reached record highs, while the quarter gold has risen to an all-time high of 7,103.00 lira as of this morning.
The trade wars initiated by US President Donald Trump, who has made statements affecting the global economy, pose a risk of creating a recession in the global economy. Additionally, Trump is pressuring Fed Chairman Jerome Powell to lower interest rates and is doing everything he can to remove him from office. These developments and uncertainties are positively affecting gold prices.
GRAM GOLD PRICES
Gram gold started the day at 4208 lira. During the day, the lowest level seen was 4195 lira, and the highest was 4297 lira. Currently, it is being bought at 4292 lira.
OUNCE GOLD PRICES
Ounce gold started the day at 3425 dollars. During the day, the lowest level seen was 3412 dollars, and the highest was 3494 dollars. Currently, it is being traded at 3489 dollars.
GRAM GOLD PRICES IN GRAND BAZAAR
In the Grand Bazaar, gram gold is being bought at 4305 lira and sold at 4362 lira.