How did gram gold start the day?

Gram gold, which tested 6 thousand 447 liras yesterday, completed the day at 6 thousand 426 liras, 0.67 percent above the previous closing.

Gram gold, which started the new day with a sales-oriented trend, is traded at 6 thousand 407 liras as of 09.30, with a 0.3 percent decrease compared to the previous closing. As of the same minutes, quarter gold is sold for 10 thousand 562 liras, and republic gold is sold for 42 thousand 46 liras.

An ounce of gold is traded at 4 thousand 4 dollars with a 0.3 percent decrease in the same minutes.

Geopolitical risks, question marks regarding the financing of artificial intelligence investments and signals received from economic data continue to have an impact on the direction of precious metals, especially gold.

The possibility of re-escalation of conflicts in the Middle East after the midterm elections in the USA causes inflationary concerns to increase. This situation puts pressure on gold prices.

Analysts said that today, the unemployment rate in the country and the intensive data agenda will be followed abroad, especially the New York Fed consumer confidence index, construction permits and durable goods orders in the USA.

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