US inflation figures came above expectations, strengthening the dollar and putting pressure on gold prices. With the US inflation data, gold prices saw the bottom of 3 months.
At 10:00 on the fourth trading day of the week, an ounce of gold was traded at 1851 dollars.
When the clocks showed 10:00 on 12 May, gram gold was traded at 912 liras.
At the same time of the day, the quarter gold purchase price was traded at 1511 lira and the sales price at 1533 lira.
What’s the Latest Situation in Dollar and Euro Prices?
Although the US inflation decreased on an annual basis compared to the previous month, it was 8.3% above the expectations.
The dollar rate was traded at 15.33 liras at 10:00 am on the fourth trading day of the week.
Euro was at 16.17 lira at the same time.
