War shakes markets: Sharp rise in gold prices

Rising military tensions in the Middle East continue to impact pricing in global markets. As operations by the US and Israel against Iran enter their sixth day, the search for safe havens among investors has strengthened. The impact of these developments has led to a notable upward trend in precious metals.

OUNCE GOLD CONTINUES ITS RISE

Ounce gold started the day at the 5,136 dollar level. During the day, it saw a low of 5,129 dollars and a high of 5,195 dollars. Transactions are currently continuing around the 5,177 dollar level.

GRAM GOLD IS ABOVE 7 THOUSAND LIRAS

Gram gold started the day at 7,258 liras. During the day, it rose to a low of 7,249 liras and a high of 7,347 liras. In the market, gram gold is currently trading at 7,321 liras.

GOLD PRICES IN THE GRAND BAZAAR

In the Grand Bazaar, gold prices are trending at higher levels compared to the free market. Accordingly:

Gram gold: 7,562 liras

Quarter gold: 12,346 liras

Half gold: 24,676 liras

Full gold: 49,120 liras

CURRENT GOLD SELLING PRICES

Current selling prices in the markets are as follows:

Gram gold: 7,331.19 TL

Quarter gold: 12,360.00 TL

Half gold: 24,705.00 TL

Full gold: 48,923.78 TL

Republic gold: 49,177.00 TL

Gremse gold: 122,684.64 TL

Ounce gold: 5,184.32 dollars

LIMITED RISE IN SILVER

The rise in precious metals also showed its effect on the silver side. Geopolitical risks centered on Iran and the retreat of the dollar have increased demand for silver, while prices have risen for the second consecutive session.

Ounce silver started the day at 83.20 dollars. During the day, it saw a low of 83.12 dollars and a high of 85.55 dollars. It is currently trading at 84.99 dollars.

Gram silver started the day at 117.94 liras. During the day, a low of 117.83 liras and a high of 121.27 liras were recorded. It is currently finding buyers at 120.53 liras.

News Source: 12punto