Gold prices are trading near record levels above 3,000 dollars. Meanwhile, gram gold remained stable just below 3,700 liras.
As the demand for a safe haven under gold continues, the price of an ounce of gold hovered near record levels at 3,020 dollars. The uncertainty created by the forthcoming mutual customs duties of the United States had an impact on gold prices. President Donald Trump’s mutual customs tariff plans are expected to take effect on April 2nd. The new tax plan is anticipated to be more targeted and limited compared to previous ones. On the other hand, investors focused on the leading inflation data considered by the Federal Reserve. Personal consumption expenditure data in the United States will be announced on Friday. Clues about monetary policy will be sought from the indicator. On the geopolitical front, developments in the Ukraine-Russia war and the Middle East are being monitored. In the peace talks led by the United States, Ukraine and Russia agreed to halt attacks at sea and on energy targets. HOW MANY LIRAS IS A GRAM OF GOLD? As a result of the stagnant course of ounce gold and the dollar/lira, gram gold did not experience significant pricing. The gram price of gold is currently priced at 3,693 liras. Quarter gold, on the other hand, is trading at 6,064 liras.
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