The price of a gram of gold is trading at 502 lire after starting the day with a limited increase.
CURRENT GOLD PRICES
price per gram of gold It is trading at 502 lire. Gold quarter from 820 lire, gold of the republic It is sold for 3,274 lire.
price per ounce of gold while it is at the level of $ 1,807.48.
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Analysts said that despite concerns about the spread of the Delta variant seen in the new type of coronavirus (Covid-19) outbreak in global markets and uncertainties about the course of monetary policies, the price per ounce gold fell due to the growing appetite for risk.
GO TO NEWS: 9 DAYS OF SACRIFICE HOLIDAY
Speaking after the cabinet meeting in which Turkey’s fight against the corona virus was assessed, President Erdoğan announced that the Eid al-Adha holiday will last for 9 days. Erdogan added that the free crossing over the bridges for the holidays will begin on Friday evening.
CBRT ANNOUNCES ITS INTEREST DECISION TOMORROW
This week, the eyes of domestic investors will be on the interest rate decision to be announced by the CBRT. In the interest rate decision to be announced on Wednesday, July 15 being a public holiday, the Center is also expected to keep interest rates constant this month.
Today, the domestic markets will follow the indices of industrial production, retail sales and turnover for May. On the other hand, the CBRT will announce the private sector borrowing debt abroad for the month of May.
Throughout the week, analysts said that statements by U.S. Federal Reserve Chairman Jerome Powell on Wednesday and the Central Bank of the Republic of Turkey’s decision on interest rates and decisions by the Bank of Japan Friday would be followed.