Gold, influenced by global uncertainties, traded at a record level above $3,000. On the other hand, the price of a gram of gold changed hands at 3,700 Turkish Liras. The safe-haven demand supported gold’s trajectory above $3,000 due to economic and geopolitical risks. In the first trading day of the week, gold traded around $3,020 per ounce. The price of gold per ounce hit a record last week at $3,057. Investors are closely watching the peace talks between Russia and Ukraine. Discussions between US and Russian officials are expected this week. It is noted that hopes for a peace deal could lead to a relaxation in gold prices. Meanwhile, uncertainties in global trade persist. US President Donald Trump plans to implement new reciprocal tariffs on April 2nd. The Trump administration hinted at some flexibility in additional tariffs. Expectations of interest rate cuts from the Federal Reserve also influence market pricing. The Fed kept its policy interest rate steady last week, but expectations for two rate cuts this year strengthened. As for the price of a gram of gold, developments in the price of gold per ounce and USD/TRY exchange rate are influential. Tension increased in the markets following the arrest of Istanbul Metropolitan Municipality Mayor Ekrem Imamoglu in a corruption investigation. Gram gold started the week around 3,700 Turkish Liras. A quarter of gold, on the other hand, is trading close to 6,100 liras.