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Gold prices are at their highest level in history! 💰 Gram gold has reached 7,336.60 TRY, and ounce gold has hit 5,257.19 USD. This rise has been influenced by the Fed's interest rate cut expectations, a sharp decline in the Japanese yen, and the US government shutdown risk.
*Factors Affecting Gold Prices:*
- *Fed's Interest Rate Decisions*: Rate cuts make gold more attractive.
- *Dollar Value*: A weakening dollar increases gold demand.
- *Geopolitical Risks*: During periods of uncertainty, gold is preferred as a safe haven.
- *Inflation Expectations*: High inflation makes gold a protective asset.
Be cautious when investing in gold! 🚨 Prices are constantly changing, so it’s important to follow the latest data.
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