First Rise in Gold Prices After Five Weeks: Current Market Situation

Gold prices have shown their first increase after five weeks. Experts view this as a short-term recovery, but medium and long-term risks persist.Spot gold is trading at $4178 with a 1.37% increase. Gram gold is also up by 1.54% at 6289 TL. After facing pressure recently, gold has started to show a positive gain for the first time in five weeks. Despite this relief for investors, uncertainties and critical thresholds in the markets continue to pose the biggest risk for gold.Following changes in the US Federal Reserve's monetary policy, US unemployment and non-farm employment data, and geopolitical tensions, gold has ended its weekly losses. With the renewed demand for safe-haven assets and the effect of technical corrections, gold is moving towards closing the week with a gain for the first time in five weeks.Experts consider this recovery as short-term, warning that medium and long-term dangers have not entirely disappeared. This situation requires investors to be cautious.The current state of gold prices is as follows: - Gold (oz): $4179 - Gram gold: 6289,20 TL - Quarter gold: 10282,85 TL - Half gold: 20565,69 TL - Full gold: 41131,40 TL - Republic gold: 41800,00 TL - Gremse gold: 103080,00 TL