Gold, investors’ turn to the dollar and concerns about economic growth caused losses in gold prices. As the dollar strengthens, gold prices have dropped more than 2 percent since the beginning of the week, while gold investors will closely follow the European Central Bank meeting to be held on Thursday, September 9 (today) at 14:45, and then President Christine Lagarde’s speech.
In the report released by the FED on Wednesday, it was stated that despite the slowdown in economic growth in the USA in the last two months, it had no effect on gold prices.
Last week, as investors focused on employment data, ounce of gold, which completed the week with a flat course, rose to $ 1,833 after the non-farm employment data announced on Friday. As of 11:50 today, gold was traded at $1,792 an ounce.
The gram gold, which fell to 482 TL with the decline of the dollar/TL, was trading at 489 TL when the clock showed 11:50 on Thursday after the strengthening of the dollar and the decline in global gold prices. At the same time, it was observed that the quarter gold purchase price was 796 lira and the selling price was 806 lira.
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