Following Trump’s statements, gold saw a significant increase in terms of the ounce price. Gram gold climbed to 3.817 TL levels after the rise it experienced last week. Quarter gold exceeded 6.400 TL. Also, pure gold is trading at high levels with 25,134 TL.
Markets have turned to safe havens in response to Trump’s move. In addition to gold, cryptocurrencies have also risen. The price of Bitcoin has surpassed $82,000 with an increase of over 7%. Furthermore, currencies such as the dollar and euro have also moved upwards.
Markets have turned to safe havens in response to Trump’s move. In addition to gold, cryptocurrencies have also risen.
The price of Bitcoin has surpassed $82,000, an increase of over 7%. In addition, exchange rates such as the dollar and Euro also moved upwards.
Markets Towards Closing:
Following Trump’s statements, volatility continues in global stock markets. While US indices made significant gains in the short term, the S&P 500 and Nasdaq also rose. Investors are closely monitoring developments between the US and China.
The Effects of the Rise in the Gold and Crypto Market:
The appreciation of gold and cryptocurrencies in such uncertain environments leads investors to avoid risk.
Trump’s recent statements appear likely to lead to a further escalation of trade wars, which will continue to increase demand for safe-haven assets like gold.In Conclusion:
Trump’s actions regarding tariffs have caused significant changes in global markets, leading to an increase in the value of gold and other safe-haven assets. Investors’ shift towards gold and cryptocurrencies continues to increase due to the impact of trade tensions. **Market Reactions** **Following Trump’s statements, not only gold but also digital assets like Bitcoin gained value. Bitcoin rose by 7%, surpassing the $82,000 level. Global stock markets, on the other hand, experienced gains in indices such as the S&P 500 and Nasdaq.
Investors Avoid Risk
Trump’s move regarding tariffs is creating uncertainty in world markets, while investors are turning to safe-haven assets such as gold. This rise is expected to continue in the short term with the further escalation of trade wars and increased demand for safe havens.
