On Friday, the gram price of gold followed a horizontal course and completed the day at 1825 liras, just below its previous closing.
of gold gram priceAfter starting the first trading day of the week with a gain in value, it is currently trading at 1830 liras, 0.3 percent above its previous closing. in the same minutes quarter gold 3 thousand 150 liras, republic gold It is sold for 12 thousand 790 liras.
HOW MUCH WAS AN OUNCE OF GOLD?
The ounce price of gold is trading at $1980 with an increase of 0.2 percent.
Analysts said that expectations that the US Federal Reserve (Fed) has reached the end of its hawkish steps continue to support the ounce price of gold.
Analysts also pointed out that Fed officials still maintain their cautious attitude and stated that, based on the pricing in the money markets, it is estimated that the bank may start reducing interest rates as of June next year.
Analysts stated that today, in addition to the Producer Price Index (PPI) data in Germany and the leading indicators index data in the USA, the news flow regarding the Israel-Palestine conflict continues to be in the focus of investors, and from a technical point of view, the 1990 and 2 thousand levels in the ounce price of gold are resistance and 1970. and noted that 1950 points were in support position.