Turkey

𝔼𝕒𝕣π•₯π•™π•’π•¦π•’π•œπ•– 𝕀π•₯π•£π•šπ•œπ•–π•€ 𝕠𝕗𝕗 𝕔𝕠𝕒𝕀π•₯ 𝕠𝕗 𝕀𝕀π•₯π•’π•Ÿπ•“π•¦π•, π•‹π•¦π•£π•œπ•šπ•€π•™ π• π•—π•—π•šπ•”π•šπ•’π•π•€ 𝕀𝕒π•ͺ

𝔼𝕒𝕣π•₯π•™π•’π•¦π•’π•œπ•– 𝕀π•₯π•£π•šπ•œπ•–π•€ 𝕠𝕗𝕗 𝕔𝕠𝕒𝕀π•₯ 𝕠𝕗 𝕀𝕀π•₯π•’π•Ÿπ•“π•¦π•, π•‹π•¦π•£π•œπ•šπ•€π•™ π• π•—π•—π•šπ•”π•šπ•’π•π•€ 𝕀𝕒π•ͺ

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A 6.2-magnitude earthquake struck off the coast of Istanbul on Wednesday, according to Turkey’s Disaster and Emergency Management Agency (AFAD).

The quake occurred off Silivri, to the west of Turkey’s biggest city, in the Sea of Marmara, and aftershocks are continuing, AFAD said.

Turkey’s health ministry said that it has not yet received any calls for help.

Search and rescue teams have been mobilized across the area of impact, according to Turkey’s Interior Minister Ali Yerlikaya.

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π”Ήπ•£π•–π•’π•œπ•šπ•Ÿπ•˜ ℕ𝕖𝕨𝕀

𝕨𝕒𝕣-π•€π•Ÿπ•₯𝕖𝕝

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𝔾𝕠𝕝𝕕 𝕣𝕖𝕒𝕔𝕙𝕖𝕀 π•™π•šπ•€π•₯π• π•£π•šπ•” π•™π•šπ•˜π•™

𝔾𝕠𝕝𝕕 𝕣𝕖𝕒𝕔𝕙𝕖𝕀 π•™π•šπ•€π•₯π• π•£π•šπ•” π•™π•šπ•˜π•™

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The rally to more than $3,000 an ounce is driven by growing demand for safe-haven assets amid escalating trade tensions

Gold prices reached a record high on Thursday as investors spooked by mounting concerns over a global trade war seek safe-haven assets. The latest rally comes amid on-off tariff announcements by the US.

Import taxes on steel and aluminum imposed by US President Donald Trump took effect on Wednesday, sparking concerns in export-dependent Asia and prompting immediate retaliatory measures from the EU and Canada. Prior to the tariff imposition, Trump threatened to hike the levy on Canadian metals to 50%, but reversed the plan after Ontario Premier Doug Ford overturned his decision to introduce a 25% surcharge on electricity exports to several US states.

Gold futures for April delivery briefly hit $3,003.90 per ounce Thursday night on the Chicago Mercantile Exchange (CME) before retreating to $2,989.50, marking the first time a contract has crossed the psychologically important $3,000 threshold. Prices for the precious metal are up nearly 14% so far this year after making a solid 27% gain in 2024.

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