Gold prices limit their decline with geopolitical and inflationary risks amid hawkish messages from Fed members. While the gram gold price is moving at the level of 918 liras; The price of an ounce of gold is at the level of 1947 dollars at the same time.
The ounce price of gold is supported by the rising global inflationary risk and the rising tensions in the Russia-Ukraine war, despite the expectations that the US Federal Reserve (Fed) may implement aggressive monetary tightening. While an ounce of gold is at the highest level of 1957 dollars and the lowest level of 1943 dollars; In the following minutes, it was traded at 1947 dollars with a decrease of 0.52 percent.
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While gram gold prices were moving at the level of 920 liras at the closing time of the Turkish markets yesterday; started the new day at 921 lira level. The price of gram gold starts the new trading day from the horizontal level; During the day, it saw the highest level of 924.20 liras and the lowest level of 917.29 liras. Gram gold, while moving downwards with the effect of the decrease in the ounce gold price, decreased by 0.49 percent as of 11:57, to 918.73 liras. In the same minutes, quarter gold is traded at 1504 liras and Republic gold at 6 thousand 191 liras.
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Source: bigpara- GÜNDEM by bigpara.hurriyet.com.tr.
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