The volatility in gold prices continues. Gold, which started the first day of the week with a rise, continues this rise today. The situation is similar with the dollar. The dollar, which started the morning at 15.97/15.98, is now trading at 15.99.
The recent increases in gold prices attracted the attention of investors. Worry about global recession causes people to turn to safe investment vehicles. At the time of writing, gold prices were as follows:
- Gram gold: 951 TL
- Ounce gold: 1852 dollars
- Quarter gold: 1570 TL
- Half gold: 3141 TL
Dollar and Euro on the Rise
The Turkish lira has lost 8% of its value against the dollar since the beginning of May. These losses continue. Dollar/TL is about to see almost 16 level. At the time of writing, the dollar was trading at 15.99. The euro has risen to 17.06 levels.
