Yesterday, gram gold, which gained value in parallel with the increase in the dollar exchange rate despite the decrease in the ounce price, completed the day at 381.2 lira, with an increase of 0.7 percent compared to the previous closing.
The gram price of gold, which started the new day with an increase, is at 382.9 lira, 0.5 percent above the previous closing, as of 10.50. At the same time, quarter gold is sold for 632 lira and Republic gold is sold for 2,564 lira.
The ounce price of gold is currently at 1,724.4 dollars, with an increase of 0.5 percent compared to the previous closing.
Analysts noted that predictions that the effects of the new type of coronavirus (Covid-19) epidemic on the economy will be harsher than expected support gold prices upwards.
Analysts stated that an intense data agenda will be followed today, especially industrial production in the Eurozone, housing starts in the USA, Philadelphia Fed Manufacturing Index and weekly unemployment applications. Technically speaking, gold is in the range of 1,710-1,740 dollars per ounce and 370-390 liras per gram of gold. He said he would follow up.
Source: https://www.aa.com.tr/tr/ekonomi/gram-altin-383-lira-seviyelerde-/1806906
