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“Something ‘Impossible’ Happened in Gold!

“Something ‘Impossible’ Happened in Gold!

Following the announcements of interest rate decisions by central banks, there has been a surge of activity in the gold market. After the U.S. Federal Reserve's decision to cut interest rates, gold, which initially took a downturn, has now launched a powerful rally. Meanwhile, economic columnist Barış Soydan, sharing data from an X account, stated, 'The unthinkable has happened in gram gold.' Soydan further commented, 'The free market selling price has fallen below the screen price,' while economist Devrim Akyıl declared, 'This is the clearest opportunity in a long time to buy physical gold.'

Source: https://onedio.com/haber/gram-altinda...
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Gold Prices: How much is gold?

Gold Prices: How much is gold?
onedio.com

On December 12, gold embarked on a sharp surge. As of 5:00 PM, the prices of gold were as follows:

How much is a gram of gold?

The price of a gram of gold is 5,956 TL.

What is the price of a quarter gold coin?

A quarter gold coin is priced at 9,678 TL.

What's the price for half a gold coin?

Half a gold coin is valued at 19,403 TL.

What is the price of a Republic gold coin?

A Republic gold coin is priced at 38,562 TL.

What's the price of an ounce of gold?

An ounce of gold is valued at 4,339 dollars.

Economy writer Barış Soydan shared from his X account: "The unthinkable has happened in gold gram."

Economy writer Barış Soydan shared from his X account: "The unthinkable has happened in gold gram."
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Just hours before the record drop in gold, Barış Soydan made a post from his X account. Sharing the data for gold as of Friday, December 12, Soydan stated, 'In gram gold, the unthinkable happened and the free market exchange rate fell below the screen (bank) price. The price difference per kilogram with the world also dropped to 450 dollars, the lowest level in a long time.'

"An unequivocal opportunity for those interested in buying gold."

"An unequivocal opportunity for those interested in buying gold."
twitter.com

Economist Devrim Akyıl, quoting Barış Soydan's post, shared the message, 'In my opinion, this is the clearest opportunity in a long time to buy physical gold. These negative trends won't last long.'

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