The volatility in gold prices continues. The gram gold price, which fell to 947 yesterday, then exceeded the level of 969 TL, breaking the record of the last 5 months. The situation is similar with the dollar. The dollar, which exceeded the level of 16 TL yesterday, was trading at 16.17 at the time of writing.
The recent activity in gold and dollar 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: 966 TL
- Ounce gold: 1858 dollars
- Quarter gold: 1593 TL
- Half gold: 3185 TL
Dollar and Euro on the Rise
Turkish Lira has been depreciating against the dollar day by day since the beginning of May. The dollar exceeded the 16 TL band yesterday morning. At the time of writing, it was trading at 16.17. The euro stands at 17.29.
