Following the non-farm employment data, the price of an ounce of gold fluctuated. At first, gold experienced a drop, falling to $2,853. It then stabilized at $2,866 due to purchases made at that level. Gold prices fluctuated after the release of employment data in the U.S. Non-farm employment in the U.S. remained below expectations at 143,000 in January. The unemployment rate in the country declined from 4.1% to 4%. In the initial response to this critical data, the price of an ounce of gold dropped to $2,853. Subsequently, gold recovered and stabilized at $2,866 due to purchases at that level. The price of gold per ounce had previously set a record at $2,882 on Wednesday. Following the data, the price of a gram of gold approached a record level of 3,314 Turkish Liras. Meanwhile, a quarter of a gold coin exchanged hands at 5,437 Turkish Liras. Additionally, the recent rise in the value of gold can be attributed to increased central bank purchases, global trade tensions, and uncertainties regarding interest rate cuts. Starting next week, China will impose additional customs duties on U.S. energy products as a retaliatory measure against a 10% tariff imposed by Trump. Trump’s Gaza plan has also escalated tensions in the Middle East. Trump stated, “Once conflicts in Israel are resolved, Gaza will be handed over to the U.S.” This statement came after Trump’s meeting with Israeli Prime Minister Netanyahu.