Gold Spot Price (gold/TRY)
TRY 225,737.98
per troy ounce
Gold & Silver
1 oz
TRY 225,737.98
1 gr
TRY 7,257.64
1 kg
TRY 7,257,639.04
Prev Close
TRY 233,979.68
Open
TRY 225,737.98
Day High
TRY 228,886.98
Day Low
TRY 223,568.30
1 oz
TRY 3,662.41
1 gr
TRY 117.75
1 kg
TRY 117,749.03
Prev Close
TRY 3,928.26
Open
TRY 3,662.41
Day High
TRY 3,816.99
Day Low
TRY 3,563.93
Current Situation
Gold prices have plunged below $5,000 per ounce from recent highs near $5,379, with spot gold down over 5% to around $5,030 amid a surging US dollar and rising Treasury yields (Mitrade, CTV News).
Key Drivers
- Strong US Dollar: DXY at a 9-month high of 99.21 makes gold costlier for overseas buyers, outweighing safe-haven demand (Mitrade, KitcoNewsNOW).
- Climbing Treasury Yields: US 10-year yields at 4.05% hurt non-yielding gold as investors favor bonds amid inflation worries (Mitrade, KitcoNewsNOW).
- Middle East Tensions: US-Israel strikes on Iran and Strait of Hormuz risks spurred earlier gains, but dollar strength dominates while oil spikes add inflation pressure (Reuters, Peter Schiff on X).
Short-Term Outlook (1-7 days)
Downward pressure likely persists from dollar and yield strength, with a potential floor near $5,000; watch for any rebound if geo-risks escalate (Heraeus via Kitco).
Long-Term Outlook (1-3 months)
Bullish trend intact despite pullback, with analysts forecasting $5,400-$6,300 by year-end on sustained geo-risks and central bank demand (Goldman Sachs, J.P. Morgan, BNP Paribas).
What to Watch
- Middle East developments, especially Strait of Hormuz oil disruptions.
- Fed rate decisions amid oil-driven inflation.
- Dollar-gold safe-haven battle and central bank buying trends.
Current price: TRY 225,737.98/ troy oz
| Period | Start Price | Change | Change (%) | Trend |
|---|---|---|---|---|
| Today | TRY 225,737.98 | -TRY 8,241.71 | -3.52% | |
| 1 Week | TRY 229,770.68 | -TRY 4,032.70 | -1.76% | |
| 1 Month | TRY 217,662.68 | +TRY 8,075.30 | +3.71% | |
| 3 Months | TRY 186,544.14 | +TRY 39,193.83 | +21.01% | |
| 6 Months | TRY 158,569.12 | +TRY 67,168.86 | +42.36% | |
| 1 Year | TRY 128,404.62 | +TRY 97,333.35 | +75.80% | |
| Since 2026 | TRY 191,756.21 | +TRY 33,981.77 | +17.72% | |
| Since 2025 | TRY 117,342.99 | +TRY 108,394.98 | +92.37% | |
| Since 2024 | TRY 91,157.35 | +TRY 134,580.63 | +147.64% | |
| Since 2023 | TRY 81,164.07 | +TRY 144,573.91 | +178.13% | |
| Since 2022 | TRY 79,141.67 | +TRY 146,596.30 | +185.23% |
Market Summary
| Metal | Price | Prev Close | High | Low | Change |
|---|---|---|---|---|---|
Gold (XAU) | TRY 225,737.98 | TRY 233,979.68 | TRY 228,886.98 | TRY 223,568.30 | Today -8241.71 (-3.52%) |
Silver (XAG) | TRY 3,662.41 | TRY 3,928.26 | TRY 3,816.99 | TRY 3,563.93 | Today -265.85 (-6.77%) |