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Gram gold is on the rise again

Gold prices have started to rise again as the dollar weakens. While ounce gold tested 3,318 dollars, gram gold gained 2.5 percent in value, reaching 4,117 liras.

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Gram gold is on the rise again

The gold market, which started the new week quickly, has moved upward again as the dollar weakened on a global scale. Investors, focusing on the interest rate decision to be announced by the US Federal Reserve (Fed) this week, are closely following the sharp rise in gold.

Recording a 2.4 percent increase during the day, ounce gold climbed to 3,318 dollars, reaching one of its highest levels in recent times. The weakening of the dollar in international markets increased the appeal of gold, which was directly reflected in prices.

Domestically, the gram price of gold gained value in parallel with the rise in ounce gold. Gram gold increased by 2.5 percent during the day, climbing to 4,117 liras.   




News Source: 12punto

Gram gold Fed