Inflation figures to be announced in the USA will affect gold prices. Investors focused on US inflation data. Ounce gold continues its calm course for months. While the Fed’s decisions were eagerly awaited, US inflation also formed a critical ground for gold.
Economists think that the inflation figures to be announced in the USA will exceed expectations and this will pave the way for the Fed to act more quickly on asset purchase reductions, and to raise interest rates earlier than expected.
An ounce of gold started the week at $1,790, up 0.2 percent. During the day, the lowest level was $ 1783 and the highest level was $ 1792. As of 11:00, an ounce of gold finds buyers at the level of 1789 dollars.
Gram gold continues in the same direction as ounce gold. Starting the day at 486 liras, gram gold saw the lowest 485.1 lira and the highest 488.5 lira. When the clocks show 11:00, it finds buyers for 486.5 liras.
At the same time, the quarter gold purchase price was 791 lira and the selling price was 803 lira.
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