10.01.2025 09:40
Gold prices are trading slightly higher on the fifth trading day of the week. Following the release of the Fed's minutes, prices have gained momentum and are very close to the historical peak of $2,787.
Gold prices gained strength this week in global markets. The number of people applying for unemployment benefits in the U.S. showed a decline. Fed officials announced that there are risks on the inflation side. Gold prices approached historical high levels. Data coming from the U.S. supports gold.
UNCERTAINTY DRIVES PRICES TO THE PEAK
Gold prices rose amid the data and statements. After a period of stagnation, gold faced strong buying this week.
SPOT GOLD
Spot gold started the day at $2669. During the day, the lowest level seen was $2668, and the highest was $2676. Currently, it is trading at $2675.
GRAM GOLD
Gram gold started the day at 3032 lira. During the day, the lowest level seen was 3031 lira, and the highest was 3047 lira. Currently, it is finding buyers at 3046 lira. Gram gold reached its historical high of 3076 lira on November 30, 2024.
GRAM GOLD IN THE GRAND BAZAAR
In the Grand Bazaar, gram gold is being bought at 3038 lira and sold at 3081 lira.