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Gold Rebounds From One-Year Low as Dip Buyers Return

Gold rebounds from one-year low as dip buyers step in, with lower oil prices easing inflation fears and market volatility supporting bullion. Read more at straitstimes.com.

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Gold prices, which hit their lowest level in the last year on Friday, opened the week with an increase. Having fallen to the 6,200 lira level, gold has rebounded from its lows. So, how much are gram gold, quarter gold, half gold, and Republic gold coins? Here are the gold prices for Monday, November 2nd, 2026...

Gold prices rebounded on Friday after falling to their lowest level in a year.

Gold, which fell by 6.78% in October, reaching its lowest level in a year and closing at $3,870, started November with a rebound in buying activity. The decline in oil prices at the beginning of the week supported the rebound in gold. As of 06:15 Turkish time, the price of gold was $3,905 per ounce and 6,272 TL per gram. Saxo Bank Commodity Strategist Ole Hansen stated that "For a neutral outlook in gold prices, $4,000 must first be surpassed."

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turkiyegazetesi.com.tr broke the news on Monday, November 2, 2026.
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