Gold Prices Break Records: Gram Gold Exceeded 5.262 TL and Started the Week with a Rise!

ANKARA - Gold prices started the new week with a strong rise due to uncertainties in global markets and expectations regarding the US Federal Reserve (Fed) policies. Gram gold attracted investors' attention by trading at 5,262 TL as of Monday, October 6, 2025. Investors' search for a safe haven due to the strengthening expectations for a Fed rate cut and political risks in the US (federal government shutdown) play a key role in this rise.

Gram Gold Gains 1 Percent, Ounce Gold Stabilizes at Historic High

Last week, gram gold, which closed Friday with an increase in parallel with the increase in ounce price, completed the day at 5,209.6 lira with an increase of 1%. Gram gold, which started the new week with a positive momentum, found buyers at 5,262 lira, about 1% above the previous close, as of 09.25 in the morning.

The price of ounce gold, which is the determinant of global gold markets, is also moving at historical levels. Ounce of gold is currently balanced at $3,927, up 1 percent, after recently hitting its historical peak at $3,945.1.

Current Prices in the Markets

Given the current market volatility, the current prices of other types of gold in the Grand Bazaar and free markets have also approached historical peaks:

• Quarter Gold: 8,890 lira

• Common Gold: 35,430 lira

Two Key Dynamics Supporting Gold Prices

Analysts state that there are two main factors behind this strong course in gold prices:

1. Fed Rate Cut Expectations: With increasing signs of cooling inflation in the United States, investors are strengthening expectations that the Fed will end its aggressive rate hike cycle and begin interest rate cuts soon. This increases the attractiveness of gold, which has no interest income.

2. Political and Economic Insecurity: Political uncertainty, such as the risk of a possible shutdown of the federal government in the United States, is driving investors away from risky assets such as equities and towards gold, a global safe haven.

What Data Will Markets Watch Today?

Market analysts state that critical economic data to be announced today will be closely monitored for the direction of gold. Here are the main data to track:

• Domestic: Real effective exchange rate data and price developments report.

• Eurozone: Sentix investor confidence index and retail sales data.