AHPGS(Accreditation Agency in Health and Social Sciences)
08 January 2025 Wednesday
Gold prices at historic peak: Geopolitical risks play decisive role
Accumulators and investors who closely follow gold prices are wondering how long the fluctuations in the market will last. Explaining the subject, Assoc. Prof. Hakan Yıldırım said that the biggest reason for the changes in gold prices is global developments.
Istanbul Gelişim University Lecturer Assoc. Prof. Hakan Yıldırım stated that global economic and geopolitical factors are decisive in these movements. The 52-week exchange interval of gold was between 1,984.3-2,790.41 dollars, and that the increasing geopolitical risks, particularly in 2024, were effective in reaching historical peaks in gold prices.
