Latest situation in quarter and gram gold: Why are gold prices increasing?

Gold prices, which had been trending sideways recently, have started to rise again. While the rapid increase in the price of gram gold has particularly pleased investors, the upward momentum in gold ounces is also notable. So, what are the current prices of gram gold and quarter-gold coins? Here's the answer...
What are the prices of gold?Gold prices, which started the week on an upward trend, are being closely watched by investors. As of this morning, a gram of gold surpassed 4,678 Turkish Lira . Dollar volatility and geopolitical risks in global markets have increased demand for safe haven gold, pushing prices higher. Experts predict that while fluctuations will persist in the short term, gold will maintain its value in the medium term.
The rapid rise in gold prices is noteworthy. Quarter gold coins are trading at 100 Turkish Lira , while gram gold has reached 100 Turkish Lira . Economists emphasize that the US Federal Reserve's interest rate policies and global inflation directly impact gold prices. Citizens are closely monitoring the price movements of quarter and half gold coins due to increased demand during the wedding season.
Timeturk