Markets became active as a result of the US attack on Iran in the Middle East. The decline in gold accelerated. Gold tested its lowest level since November 2025.
An ounce of gold retreated to 4 thousand 38 dollars with the attacks that started at midnight. Before the operation, gram gold was traded at 6 thousand 200 lira and ounce gold was traded at 4 thousand 186 dollars.
Gram gold, as of 01.20 5 thousand 994 TL by falling below the 6 thousand TL threshold tested the level.
As the markets stabilized after the first panic sales, gram gold turned upwards again at 02:00, reaching 6 thousand 30 TL, while ounce gold compensated for some of its losses and rose to 4 thousand 50 dollars.
GOLD PRICES IN THE MORNING SESSION
As of 09.07 TSI, ounce gold is at 4,079 dollars, while gram gold is at 6,052 lira in the free market.
On the other hand, while the selling price of physical gram gold in the Grand Bazaar was 6,180 liras, the selling price of quarter gold dropped to 10,098 liras.
LATEST SITUATION IN OTHER PRECIOUS METALS
Spot silver increased by 0.3 percent to $63.86, platinum increased by 0.6 percent to $1,673.75, while palladium gained 2.2 percent to $1,239.89.
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