30.09.2025 14:37
The gold ounce, which reached a historic peak of 3,871 dollars, quickly fell due to profit-taking. The gold ounce decreased by 2.04% to 3,793 dollars, while the gram gold dropped by more than 100 lira since the morning.
On Tuesday, gold reached a historic peak of 3,871 dollars per ounce, but quickly retreated due to profit-taking. The price of gold in grams also experienced a decline of more than 100 lira.
ONS GOLD IS EXPERIENCING PROFIT REALIZATION
Gold prices sharply declined after reaching an intraday peak during the European session. The ounce of gold fell to 3,793 dollars, losing 2.04% in value. In the afternoon session, it is trading around 3,800 dollars.
Analysts indicate that geopolitical risks and expectations of interest rate cuts by the U.S. Federal Reserve (Fed) could limit pricing, and overbought conditions have led investors to sell.
GRAM GOLD FELL MORE THAN 100 LIRA DURING THE DAY
In the domestic market, the gram gold quickly dropped from the record level of 5,176 lira seen in the morning hours, losing 2.10% in value to fall to 5,062 lira. In the afternoon session, it is moving around 5,087 lira.
In the Grand Bazaar, gold prices fell from an all-time high of 5,314 lira to 5,220 lira.