Gold prices started the last trading day of the week calmly. Before the weekend, investors are wondering in which direction the gram gold, which is at the level of 975 TL, and the ounce of gold, which is traded at the level of 1854, will move during the day. After the Fed meeting minutes published the previous evening, a slight decrease was seen in ounce. As it is known, the US 10-year bond yields recovered due to hawkish messages in the minutes. With the rising dollar index, the pressure on the ounce increased. At the time of writing, the dollar was trading at 16.37.
At the time of writing, gold prices were as follows:
- Gram gold: 975 TL
- Ounce of gold: $1,854
- Quarter gold: 1607 TL
- Half gold: 3215 TL
The upward trend in exchange rates continues. The dollar saw 16.46 yesterday. At the time of writing, it was at the level of 16.37 TL. The euro was traded at 17.60 liras.