Dollar started the week at 15.49 liras. However, there is a downward trend.
Due to the expectations that the Fed will follow an aggressive monetary policy, downward pressure on gold prices continues. At the time of writing, gold prices were as follows:
- Gram gold: 901 TL
- Quarter gold: 1508 TL
- Ounce gold: 1807 dollars
- Half gold: 3017 TL
With the downward pressure created by the expectations of the Fed’s aggressive monetary policy, spot gold price tested 1807 dollars/ounce this morning. At the time of writing, an ounce of gold lost 0.15 percent compared to Friday.
The dollar, which started the week at 15.49 lira, was trading at 15.55 lira at the time of writing. The euro is at the level of 16.21 liras.
