Will gold rise or fall? Statement from expert

The growing confidence that inflationary pressures in the US were losing strength for some time has given way to a cautious stance following the inflation data released last week.

Gold prices retreated slightly under the pressure of a rising dollar.

HOW MUCH ARE GRAM AND QUARTER GOLD?

The gram price of gold is at the level of 2 thousand 937 liras with a 0.3 percent gain in value after starting the new week with an increase. As of the same minutes, quarter gold is being sold at 5 thousand 20 liras, and Republic gold at 20 thousand liras. The ounce price of gold is currently at the level of 2 thousand 665 dollars, with a 0.3 percent gain in value compared to its previous close.

WILL GOLD PRICES RISE OR FALL?

Will the decline in gold prices continue? What are the gram gold forecasts? Gold and money markets expert expressed the following regarding the subject in his article on TV100:

“Ounce gold had closed at the 2 thousand 657 dollar level. The 2 thousand 580-2 thousand 680 dollar range remains valid.

It had retreated to the 2 thousand 605 dollar level last week. However, my downward forecast continues.

This week, I will be following the 2 thousand 630-2 thousand 680 dollar range. Gram gold investors should continue to follow ounce gold.

It had retreated to 3 thousand 15 liras last week. I continue to follow the 2 thousand 980-3 thousand 80 lira range.

Since the declines will not be permanent, making a buying decision might be wiser.”