24.02.2026 09:20
The new customs duties imposed by the United States and the uncertainty regarding a possible war with Iran have led to sharp fluctuations in the gold and silver markets. Recently, precious metals reached a three-week high with an upward trend, but have started to retreat from these levels due to incoming sales, displaying a volatile trajectory.
The gold and silver markets are experiencing a volatile trend. Following the rise that occurred last night, precious metals started the new day with a performance beyond expectations. Market experts indicate that global economic uncertainties and developments in trade policies have kept interest in precious metals alive.
LOST OVER 1%
Gold prices fell below 5,145 dollars per ounce, losing over 1% after the previous four-day rise. The new trading day began with gram gold priced between 7,250 and 7,380 lira; while ounce gold was traded around 5,236 dollars.
ACTIVITY IN THE SILVER MARKET
Activity in the silver market also drew attention. The silver ounce price opened the day at around 86.98 dollars, while gram silver was traded at 122.4 lira. Investors express that global factors such as geopolitical risks and increasing customs tariffs are boosting demand for precious metals.
The U.S. administration's new customs duties and abstract trade policies, along with increasing geopolitical uncertainties in Iran and the region, are causing investors to turn to gold and silver. This situation leads to surprising price movements in the markets, while experts state that caution should be exercised against short-term fluctuations.