12.11.2025 11:12
Gold prices started the week quickly, with investors' eyes once again turned to data coming from the United States. While gram gold is trading at 5,600 TL and ounce gold at 4,125 dollars, experts say that if expectations for a Fed interest rate cut strengthen, a new wave of increase in gold prices could be experienced.
The gold market is experiencing a cautious trend on the third trading day of the week. As of November 12, 2025, gram gold started the day at 5,600 TL, while ounce gold began at 4,125 dollars. Ounce gold, which has been moving close to the peak of the last three weeks, is trying to hold at the strong resistance level of 4,160 dollars due to profit-taking.
FED AND US DATA CREATE EXPECTATIONS
Economic data that was postponed after the reopening of the US government is expected to be released this week. Especially if the non-farm payroll data comes in weak, it is anticipated that expectations for a FED interest rate cut will strengthen, which would support gold prices upward.
LAST STATUS OF GRAM AND QUARTER GOLD
Gram gold started the day at the level of 5,600 TL. The physical selling price of gram gold is 5,835 TL, while quarter gold is trading at 9,520 TL. After rising to 4,149 dollars, ounce gold is trying to stabilize at the level of 4,125 dollars.
ECONOMIC SIGNALS MAY AFFECT THE FED
The decline of the Small Business Optimism Index in the US to 98.2 is being interpreted as a signal of economic slowdown. This situation could increase the likelihood of a FED interest rate cut, potentially initiating a new upward period for gold investors.
TECHNICAL OUTLOOK AND FORECASTS
Analysts point out that 4,160 dollars is a critical resistance level for ounce gold. It is stated that if this level is surpassed, the rise could accelerate; otherwise, the range of 4,100-4,050 dollars will stand out as a support point. JP Morgan has set its target for ounce gold at 5,055 dollars by the end of 2026, while UBS analysts predict that the upward trend could last up to 4,700 dollars.