Gold prices surged too new heights Monday, continuing a rally fueled by shifting market expectations and geopolitical concerns, as spot gold briefly surpassed $4,600 per ounce. The gains are being closely watched by investors seeking a safe haven amid persistent economic uncertainty and ahead of a critical U.S. inflation report [[1]]. The upcoming December Consumer Price Index (CPI) data will be a key factor in determining the Federal Reserve’s next steps regarding interest rate policy [[2]].
Global markets kicked off the new week with significant movement, led by a surge in gold prices. Spot gold, which gained 4.10% last week to close at $4,509, continued its upward trajectory Monday, briefly hitting an all-time high. Early trading saw the price reach $4,601 per ounce before settling back to around $4,577 as of 6:00 AM Turkish Standard Time.
GRAM ALTIN NE KADAR?
The strength in the spot market is being reflected in domestic Turkish prices. On January 12, 2026, gram gold reached a record high of 6,380 Turkish Lira. Trading in gram gold was continuing at approximately 6,353 Turkish Lira as of 6:00 AM Turkish Standard Time, up from Friday’s close of 6,240 Turkish Lira. This price movement underscores investor demand for safe-haven assets amid broader economic uncertainty.
ABD TÜFE BEKLENİYOR
This week, market attention is focused on the upcoming release of U.S. Consumer Price Index (CPI) data, a key indicator for Federal Reserve monetary policy. The December CPI is expected to show a 2.7% annual increase and a 0.3% monthly increase. A reading below expectations could fuel speculation about potential interest rate cuts. The report underscores investors’ focus on inflation data as they gauge the future path of monetary policy.
Last week, the U.S. Labor Department reported that the December nonfarm payrolls increased by 50,000, falling short of the expected 70,000. Meanwhile, the unemployment rate edged down to 4.4%.
