While the ounce gold price saw the lowest level of approximately 1.5 months; gram gold price fell below 1000 lira for the first time since 28 July.
While gold prices have been falling continuously for 4 days; In today’s trading, it fell to $ 1709, the lowest level since July 21. Markets continue to focus on the US August non-farm payrolls data, which will be released on Friday.
After the hawkish statements of the US Federal Reserve (Fed) Chairman Jerome Powell, the markets were locked in non-farm employment data with the perception that the Fed will apply higher interest rates for a while. It is expected that the critical data will have a determining effect on the roadmap of the Fed’s interest rate policy.
While an ounce of gold has seen the bottom of about 1.5 months today; the highest climbed to $ 1726. The yellow mine is trading at $1715, down 0.52 percent these days.
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GOLD GOLD UNDER 1000 LIRA
While gram gold prices were moving at the level of 1008 liras at the closing time of the Turkish markets yesterday; started the new day from a horizontal level. Gram gold saw the highest level of 1010.51 liras and the lowest level of 999.97 liras during the day.
Gram gold, while moving downwards with the effect of the decrease in the dollar exchange rate and the price of ounce gold, decreased by 0.45 percent as of 14:34 and stood at 1002.82 liras. In the same minutes, quarter gold is traded at 1654 liras and Republic gold at 6 thousand 796 liras.
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Source: bigpara- GÜNDEM by bigpara.hurriyet.com.tr.
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