Gold prices continue to rise
Gold prices are rising due to the Fed's interest rate cuts and a weak dollar. Geopolitical risks are also supporting gold by increasing demand for safe-haven assets.
Gram gold started the day at 5,955 TL and continues to trade near the peak of 5,975 TL. While the Fed's interest rate cuts and the weak outlook for the dollar support gold, geopolitical risks keep demand for safe-haven assets alive. In the short term, the 4,350–4,380 dollar range is being watched as resistance for ounce gold.
The current status of gold prices on Wednesday, December 18 is as follows:
Gram gold selling price: 5,953.11 TL
Quarter gold selling price: 9,825.00 TL
Half gold selling price: 19,645.00 TL
Full gold selling price: 39,180.02 TL
Republic gold selling price: 39,108.00 TL
Gremse gold selling price: 98,250.52 TL
Ounce gold selling price: 4,333.46 dollars
News Source: 12punto
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