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Gold Prices Continuously Breaking Records

The price of gold started the new day once again with a rise. The gram gold price reached 3,526 Turkish lira, setting a new record. At the same minutes, the quarter gold price rose to 5,810 lira. The gram gold price began the new day with an increase. The gram of gold traded at 3,526 Turkish liras. Following the rise in the price of gold parallel to the increase in the ounce price yesterday, the gram price of gold gained 1.7% and ended the day at 3,511 lira from the previous close. The gram price of gold, after starting the new day with a rise, rose to 3,520 lira with a new record with a 0.1% increase around 09:50. HOW MUCH WAS THE QUARTER GOLD? At the same minutes, the quarter gold is being sold for 5,810 lira, while the Republic gold is at 23,150 lira. Meanwhile, the price of gold per ounce reached levels of 2,989.1 dollars yesterday, setting a new record, and is currently trading at 2,987 dollars with a 0.1% decrease compared to the previous close. TRUMP’S THREATS TO THE EU ARE MAKING PRICING DIFFICULT While the fight against inflation and recession concerns continue worldwide, new tariff threats by US President Donald Trump targeting the European Union (EU) are making asset pricing difficult. Calling the EU the world’s most hostile and exploitative taxation authority, Trump reiterated the view that the EU was created to benefit from the US. Furthermore, while hosting NATO Secretary-General Mark Rutte in the Oval Office, Trump signaled that he would not step back from his tariff plans in any way in his statements.

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