Surprise rise in gold prices: How much is gram, quarter and Republic gold worth today? Current gold prices as of Friday, November 13, 2026...

Gold prices started to rise on Friday after losses for three consecutive trading days. Spot gold, which saw its lowest level since October 2025 in the previous session, rose by approximately 1 percent to 3 thousand 910.31 dollars as of 07.22 Türkiye time.

Gold Type Gold Price Gram gold 6.350 TL Quarter gold 10.465 TL Republic gold 41.695 TL Ounce gold 3.920 Dollar Half gold 20.924 TL Full gold 41.192 TL Gremse gold 103.296 TL

OANDA Senior Market Analyst Kelvin Wong stated that the rise was largely due to technical reaction purchases following the sharp decline the previous day.

Wong stated that a sudden decline in US Treasury bond yields could trigger a short-term rise in gold prices. The decline in bond yields and the depreciation of the dollar were among the main developments that could support gold prices.

TENSION IN WEST ASIA INCREASED OIL AND INFLATION CONCERNS

Gold prices fell sharply on Thursday as peace hopes in West Asia weakened and oil prices rose.

Disputes regarding Iran's nuclear program, sanctions, the US naval blockade and maritime security have not yet been resolved. The failure to reach a comprehensive agreement between the parties caused continued uncertainty in the region.

Although the tension in West Asia supported the demand for a safe haven, rising oil prices strengthened concerns about inflation and interest rate increases.

Rising energy costs, high bond yields and tight monetary policy expectations increased the pressure on gold.

MARKETS FOCUSED ON FED'S INTEREST RATE DECISION IN DECEMBER

Another development that had an impact on gold prices was the expectations regarding the Fed's interest rate policy.

According to CME FedWatch data, markets price the probability of the Fed to increase interest rates by 25 basis points in December as 89 percent. The probability of increasing the interest rate by 50 basis points is 11 percent.

New York Fed President John Williams also stated in his statement on Thursday that the US Federal Reserve aims to reduce high inflation in the face of a strong economic outlook. Williams pointed out that additional interest rate increases are likely.

The expectation of rising interest rates is among the main factors that reduce the attractiveness of non-yielding gold for investors.

EYES ON US PPI DATA

The number of people applying for unemployment benefits for the first time in the USA last week increased above expectations. However, the general outlook for applications indicated that the labor market remained resilient.

The focus of the markets is the US Producer Price Index (PPI) data, which will be announced on Friday at 16.30 Türkiye time.

PPI data is expected to have an impact on the inflation outlook in the USA and the expectations regarding the interest rate policy that the Fed will follow in the coming period.

It is considered that the figures to be announced may cause movements in the dollar, bond yields and gold prices.