Gold prices entered the new year at the highest level in the last 6 weeks as investors focused on the economic outlook for 2022. Gram
gold prices, on the other hand, are close to 800 TL with global
gold prices and the rise in USD/TL.
Safe-haven gold closed 2021 with one of its worst performance s in the last 6 years, as central banks began to reduce their pandemic-period monetary incentives. The precious metal, which ended the year with a decrease of around 10 percent in 2015, made its investors lose 3.64 percent in 2021.
Differences of opinion continue on how gold will perform in 2022. Evy Hambro analysts expect
gold prices to climb as real interest rates, the performance of the dollar and the demand for safe assets increase.
JP Morgan, on the other hand, thinks that gold will be further suppressed as the global economic recovery continues.
The price of an ounce of gold
After rising gradually in the last two days of the year, gold closed 2021 at a 6-week high of $1,829. Starting the new year with a slight decline, gold is trading around $1,825 on Monday morning, which dropped to $1808 by the end of the day.
Gold price per gram
Starting last week at 638 TL, gram gold closed the week at around 783 TL with the rise in USD/TL and global
gold prices. Starting the week with a horizontal course, gram gold was around 787 TL on Monday morning. It is traded around 760 TL at the end of the day.