Gold prices, which started on Wednesday, September 8 in a horizontal direction, started to decline. The fluctuation continued its course with the effect of ounce gold. The sudden fluctuations in the dollar rate, the expectation of the Fed’s interest rate hike and the decrease in asset purchases, turned the decline of ounce gold and the direction of gold types in the domestic market down.
Gold prices, which could not reach a permanent stability, are waiting for the actions to be taken by the Fed. An ounce of gold fell below the critical threshold of $ 1800, with the expectation that the Fed will increase interest rates and reduce asset purchases.
On the third day of the week, an ounce of gold was traded at $ 1,795 when it showed 10:10 in the morning. Gram gold prices fell to the level of 483 lira. The quarter gold purchase price was 789 lira and the selling price was 800 lira.
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