The price of a gram of gold is trading at 484 lira after starting the day with a rise.
The price of a gram of gold, which lost value alongside the drop in the price of an ounce of gold yesterday, ended the day at 481.9 lira, 0.7% lower than the previous close .
After starting the new day with the effect of the rising dollar exchange rate, the price per gram of gold is trading at 483.7 lira, 0.4% above the previous close, at 9:45 a.m. In the same minutes, the gold quarter is sold at 793 lire and the Republic’s gold is sold at 3,240 lire.
The price of an ounce of gold is currently at $ 1,796, 0.1% above the previous close, after falling 1.6% yesterday. The dollar / TL, on the other hand, gained 0.3% and reached the level of 83,750.
Analysts said despite the upward trend in inflation globally, the weak job market and fears that new types of variants of the corona virus (Covid-19) are hurting the recovery economic have increased the dollar demand.
CURRENT GOLD PRICES
Noting that the growing demand for the dollar has put pressure on the prices of gold and other commodities in the international market, analysts said the rise in the dollar’s exchange rate was supporting gold prices on the internal market.
Analysts said the US Federal Reserve’s Beige Book report would be followed today and noted that technically the level of $ 1,790 per ounce of gold is support and $ 1,830 is resistance.
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