The record series continues for gold prices. An ounce of gold pushed the peak to $2,947. Meanwhile, gram gold broke records at 3,439 TL.

Safe haven demand is increasing amid global uncertainties. Gold started the day with around $2,940 per ounce, reflecting a 0.21% increase. Yesterday, the price of an ounce of gold reached a record level of $2,947. If gold records a 2% increase, it will surpass $3,000. The rise in grams and quarters of gold shows no signs of slowing down. Gram gold hit a record of 3,439 TL, and a quarter of gold reached 5,650 TL. The inflation concerns of the Fed continue.
The minutes of the January meeting of the Federal Reserve (Fed) were priced in global markets. According to the minutes, officials will remain patient on interest rates until they see further improvement in inflation. Additionally, Fed members express concern that trade and immigration policies may pose risks to inflation. US President Donald Trump announced a 25% tariff plan for semiconductors, drugs, and automobiles.

Zelensky Announcement from Trump
On the geopolitical front, developments related to the Russia-Ukraine war are being closely monitored. US President Donald Trump claimed that Ukrainian President Volodymyr Zelensky is “a dictator who did not go to an election.” Trump stated, “He better move fast, or there will be nothing left of his country.”