As gold prices continue to search for direction in the markets, this week, investors’ eyes are on industrial production around the world and inflation data to be announced in the USA tomorrow.
Stating that the developments between the USA and China and the news flow regarding the US debt limit may also increase the volatility in the markets, economists said that technically, the level of $ 1,770 in an ounce of gold is support and $ 1,810 is resistance.
The ounce gold price finds buyers at $1,788 when the clocks show 11:15. The gram price of gold is trading at 485 liras, 0.2 percent below the previous close, after starting the new week with a decline. At the same time, a quarter of gold is sold at 790 liras.
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