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Gold Prices continue breaking records

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Gold prices started the new day with another increase. The price of a gram of gold reached 3,526 lira, breaking a record. Meanwhile, the price of a quarter of gold rose to 5,810 lira at the same time. The gram gold price began the new day with an increase, trading at 3,526 lira. Following the rise in the price of gold, parallel to the increase in the price per ounce, the gram price of gold gained value by 1.7% compared to the previous close, ending the day at 3,511 lira. The gram price of gold, after starting the day with an increase, rose to a new record of 3,520 lira with a 0.1% increase around 09.50. HOW MUCH IS A QUARTER OF GOLD? At the same time, a quarter of gold is sold at 5,810 lira, while the Republic gold coin is sold at 23,150 lira. The price per ounce of gold reached record levels yesterday at 2,989.1 dollars, but is now trading at 2,987 dollars with a 0.1% decrease compared to the previous close. TRUMP’S THREATS TO THE EU COMPLICATE PRICE PRICING Concerns about inflation and recession persist globally, while new tariff threats by US President Donald Trump against the European Union make asset pricing more difficult. Describing the EU as the most hostile and exploitative taxation authority in the world, Trump reiterated his view that the EU was established to benefit from the US. Furthermore, while hosting NATO Secretary General Mark Rutte at the White House, Trump signaled that he would not back down from his tariff plans in any way.

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