Gold Fell To A Monthly Low

Gold fell to a monthly low as peace talks between Russia and Ukraine began and Russia withdrew some of its troops. Some experts warned investors that this could be a tactical move.

Gold, which reached record levels after the tensions between Russia and Ukraine eased a little and the leaders' negotiations. Gold, which fell with the positive talks, lost 2 percent this week. Experts, on the other hand, underlined that Moscow's proposal to stop its military operations could be a tactical move. The Fed's increasingly aggressive approach to curb inflation is also pushing bond yields higher, increasing pressure on gold. Philadelphia Fed President Patrick Harker said he is expecting a series of "measured and systematic" rate hikes this year, but is open to a half-point increase in May if inflation picks up. Following the developments in the global markets, the gram price of gold fell after the Russia-Ukraine negotiations that took place in Istanbul yesterday. A Gram of Gold: The selling value of a gram of gold was 890 TL the other day. A gram of gold is currently being traded at 907 TL. Quarter Gold Coin: In the same minutes, when the gram of gold was 907 TL, the quarter gold coin purchase price was determined as 1.478.00 TL, while the selling price was set at 1.490.00 TL. Half Gold Coin: The half gold coin is bought at 2,953.00 TL, while the selling price is 2,980.00 TL. Reşat Gold Coin: While the Reşat gold coin is bought at 5,913 TL, its selling price is 5,971 TL. Cumhuriyet Gold Coin: The Cumhuriyet gold coin, which has a purchase price of 5,899 TL, is offered for sale at 5,939 TL today.