Gold price started the day with a decrease Gram gold started the day with a decrease

Gram gold, which started the new day with sellers, is traded at 6 thousand 565 liras as of 09.20, with a decrease of 0.10 percent compared to the previous closing. At the same time, quarter gold is sold for 10 thousand 786 liras, and republic gold is sold for 42 thousand 941 liras.

An ounce of gold is traded at $4,116, with a decrease of 0.2 percent.

Geopolitical uncertainties in the Middle East continue to have an impact on the direction of the commodity market. While energy prices increase due to these uncertainties, this also causes expectations that inflation will remain at high levels to rise. Expectations that inflation will remain at high levels put pressure on gold prices.

Analysts said that the real sector confidence index and manufacturing industry capacity utilization rate will be followed in the country today, while the data agenda is calm abroad.

Source: TRT Haber Ekonomi RSS (Open Press / Translated Full Text)