Gold prices started with a rapid rise in the week and reached historical levels due to the impact of investors’ search for safe harbor. Gram Gold continued to rise in the week of 4.150 TL levels and broke a record with 4,305 TL. On the same day, ounce of gold climbed to $ 3,403 and saw the highest level of all time.
In this rise, weak economic data from the United States and the possibility of the US Federal Reserve (FED) interest rate reduction were effective. Global increased geopolitical risks and economic uncertainties also increased the demand for gold.
According to the world’s news; A development in late at night reversed the direction of gold prices. Following the phone call of US President Donald Trump and Chinese President Shi Cinping, Trump announced that new trade negotiations will begin between the two countries.
This news relieved the markets and led to a decrease in demand. As of Friday, June 6, Gram Gold declined to 4.256 TL and ounce gold decreased to $ 3,372.
Current Gold Prices on Friday, June 6, as follows:
Gram Gold: Buying 4.256,40 TL – Sales 4.256,88 TL
Ounce Gold: Buying 3,372,18 dollars – Sales 3.372,55 dollars
Quarter Gold: Buying 6,910,00 TL – Sales 7.010,00 TL
Half Gold: Buying 13.818,00 TL – Sales 14.018,00 TL
Full Gold: Buying 27.334,96 TL – Sales 27.874,55 TL
Republic Gold: Buying 27.551,00 TL – Sales 27.907,00 TL
Experts, gold prices in the short term geopolitical developments and FED policies will continue to watch wavy in line with the said.
