Ceasefire Silence in Gold: Future of Prices Depends on Two Critical Resistance Levels
A 15-day ceasefire has commenced between the USA and Iran. As the silence of the ceasefire prevails, there is curiosity about what will happen to the prices. Investors have turned their attention to gold prices. 'What's the price of gold today? Have gold prices risen or fallen?' These are the questions being investigated as the safe haven is shrouded in pricing uncertainty. On the other hand, according to experts, there are two critical levels in gold. If the level of $4,783 per ounce is surpassed, the targets of $4,861 and $4,944 will sequentially come into the radar. Here's the latest on gold.
Gold Prices: Has gold appreciated in value?
The prices for gold on Thursday, April 9th have been determined. So, what's the latest on gold prices? Here's the rundown:
How much is a gram of gold?
The price of a gram of gold stands at 6,762 TL.
What about a quarter gold coin?
A quarter gold coin is priced at 11,132 TL.
The price for a half gold coin
A half gold coin will set you back 22,331 TL.
The price for a Republic gold coin
A Republic gold coin is going for 44,462 TL.
The price for an ounce of gold
An ounce of gold is valued at 4,721 TL.
What will happen to gold prices if the ceasefire comes to an end?
While the global markets have been keeping a close eye on gold, which has been hitting record highs with sharp increases for some time, a stabilization process has taken hold in the price of gold per ounce as of April 9, 2026. The primary reason for the recent sideways trend in gold prices has been the two-week temporary ceasefire between the US and Iran. In particular, the decrease in risks perceived through the Strait of Hormuz has somewhat curbed investors' appetite for this 'safe haven'. However, market experts are in agreement that this situation represents a 'pause' rather than a 'downward trend'. Uncertainties regarding the permanence of the ceasefire are preventing a downward break in prices.
In technical charts, gold is currently in a squeeze. Here are the critical levels for market followers:
If the level of $4,783 is surpassed, the targets of $4,861 and $4,944 will respectively come on the radar.
Closures below the range of $4,717 - $4,674 could pull the price down to as low as $4,600.
Keşfet ile ziyaret ettiğin tüm kategorileri tek akışta gör!
Test
Gündem
Magazin
Video
Send Comment