Gold prices in Türkiye have stabilized as investors closely monitor the Federal Reserve's upcoming interest rate decisions and the impact of China's gold purchases. Gram gold prices for buying and selling in Istanbul's Grand Bazar range from ₺2,425 to ₺2,395. In global markets, the price of an ounce of gold hovers around $2,330, which is 4% below the peak of $2,431. The focus is on the Federal Reserve's interest rate decisions, with expectations that rate cuts may be postponed. Geopolitical tensions, central bank purchases (especially by China), and expectations of interest rate cuts continue to influence gold prices. China's gold stock has reached 308 tons, and there is an observed increase in gold demand among households and industries in China. As a result, gold prices are expected to continue their upward trend in the medium to long term due to the China factor and geopolitical risks. Additionally, gold purchases by households in Türkiye continue alongside high inflation domestically [12ec8e85].