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Gram gold is at 392 lira levels

Yesterday, gram gold, which gained value in parallel with the increase in the dollar exchange rate and the ounce price of gold, completed the day at 388 liras, with an increase of 0.7 percent compared to the previous closing.

The gram price of gold, which started the new day with a gain in value, tested the highest level in history at 392.9 lira, and as of 11.40 am, it is at 392.3 lira, 1.1 percent above the previous close.

At the same time, quarter gold is sold for 644 lira and Republic gold is sold for 2,628 lira.

The ounce price of gold is currently at $1,704, 0.1 percent below the previous closing.

Analysts stated that the gradual removal of measures taken worldwide due to the new type of coronavirus (Covid-19) epidemic and the statements that economies will reopen soon have relatively reduced the risk perception.

Analysts noted that despite the calm course of the ounce price, the gram price of gold gained value in parallel with the rise in the dollar exchange rate, and said that the course of the dollar exchange rate will be followed with the private sector employment data to be announced in the USA today.

Analysts reported that technically, $1,720 per ounce price of gold has become a resistance level, and the band of 380-400 lira per gram will be followed.

Source: https://www.aa.com.tr/tr/ekonomi/gram-altin-392-lira-seviyelerde-/1830764

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