Gold Is on the Brink! Prices Have Hit a Two-Month Low.
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Gold prices remain under pressure due to the strong dollar and rising US bond yields, while investors' eyes are turned to the Fed's interest rate policy. Faruk, Editor-in-Chief of Takvim Newspaper... Click here for more.
Due to a strong dollar and rising US bond yields, the price of gold fell 0.3% to $4,128.69 per ounce. In the domestic market, gram gold is selling for 6,532 Turkish Lira and quarter gold for 10,745 Turkish Lira. Weaker-than-expected US employment data weakened expectations that the Federal Reserve (Fed) will raise interest rates in October. This development limited the losses in gold prices.
Gold prices in global markets continue to decline under pressure from high US bond yields and the dollar index. After opening the week higher, gold fell on Tuesday, October 6th. So, what are the prices of gram gold, quarter gold, half gold, and Republic gold? Here are the gold prices for October 6th, 2026...
Spot gold falls to $4,128 The spot gold price per ounce fell 0.3 percent to $4,128.69. US gold futures traded sideways at $4,156. The dollar's strength means that prices in dollar terms...
The rise in US bond yields and the military operation in Yemen put pressure on the gold market. While the price of gold per ounce fell to $4,130 in global markets, the price of gold per gram in the domestic free market dropped to around 6,530 Turkish Lira.
Globally, the price of gold started the day at $4,131 per ounce and 6,532 TL per gram as of 06:00 Turkish time. The ounce price tested $4,103, marking a two-month low, and approached critical support levels. High bond yields and the dollar index continue to put pressure on the yellow metal. However, weakening expectations for Fed interest rates and a partial decline in oil prices are currently slowing further declines in gold prices.
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