Gold Spot Price (gold/TRY)
TRY 226,234.38
per troy ounce
Gold & Silver
1 oz
TRY 226,234.38
1 gr
TRY 7,273.60
1 kg
TRY 7,273,598.78
Prev Close
TRY 233,989.27
Open
TRY 226,234.38
Day High
TRY 228,896.36
Day Low
TRY 223,577.46
1 oz
TRY 3,679.26
1 gr
TRY 118.29
1 kg
TRY 118,291.02
Prev Close
TRY 3,928.42
Open
TRY 3,679.26
Day High
TRY 3,817.14
Day Low
TRY 3,564.07
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 226,234.38/ troy oz
| Period | Start Price | Change | Change (%) | Trend |
|---|---|---|---|---|
| Today | TRY 226,234.38 | -TRY 7,754.89 | -3.31% | |
| 1 Week | TRY 229,780.09 | -TRY 3,545.72 | -1.54% | |
| 1 Month | TRY 217,671.60 | +TRY 8,562.78 | +3.93% | |
| 3 Months | TRY 186,551.79 | +TRY 39,682.59 | +21.27% | |
| 6 Months | TRY 158,575.61 | +TRY 67,658.77 | +42.67% | |
| 1 Year | TRY 128,409.89 | +TRY 97,824.49 | +76.18% | |
| Since 2026 | TRY 191,764.07 | +TRY 34,470.31 | +17.98% | |
| Since 2025 | TRY 117,347.80 | +TRY 108,886.58 | +92.79% | |
| Since 2024 | TRY 91,161.08 | +TRY 135,073.30 | +148.17% | |
| Since 2023 | TRY 81,167.39 | +TRY 145,066.99 | +178.73% | |
| Since 2022 | TRY 79,144.91 | +TRY 147,089.47 | +185.85% |
Market Summary
| Metal | Price | Prev Close | High | Low | Change |
|---|---|---|---|---|---|
Gold (XAU) | TRY 226,234.38 | TRY 233,989.27 | TRY 228,896.36 | TRY 223,577.46 | Today -7754.89 (-3.31%) |
Silver (XAG) | TRY 3,679.26 | TRY 3,928.42 | TRY 3,817.14 | TRY 3,564.07 | Today -249.16 (-6.34%) |