Record after record in Gold Market

The increasing uncertainty in the global economy due to trade wars is supporting the gold prices. Gold prices are breaking one record after another. The price of an ounce of gold surpassed $3,300, while a gram of gold exceeded 4,000 Turkish Liras.
The uncertainty in the global economy is escalating with trade wars. Declines are being seen across all risky assets on a global scale. With increasing demand, gold prices continue to break records. The price of an ounce of gold is at $3,343. The increase rate in the yellow metal in the first four months of 2025 has exceeded 25%. Gold has provided investors with a 10% return in just one week.
In the local market, the price of a gram of gold has exceeded 4,000 Turkish Liras.
During the early morning hours when markets are closed, the price of a gram of gold is at the level of 4,066 TL. The weekly increase in the gram price has surpassed 10%. The return provided by gold since the beginning of the year has exceeded 35%.