Gold Prices Before PPK Meeting

Gold Prices Before PPK Meeting What are the gold prices before the PPK meeting? Gold prices continue to fall. The CBRT Monetary Policy Committee (PPK) meeting, which the markets have been eagerly awaiting for a long time, is finally taking place today. While the markets expect an interest rate increase from the CBRT, gold prices, which started to decrease during the week, continue to decrease today.   What is the Price of Gram of Gold? The price of gram of gold, which made its previous closing at 464.13 liras, decreased by 1.05 percent. In these minutes, the purchase price of gram of gold is at 459.17 liras, while the selling price is at 459.27 liras.   What is the Price of Quarter Gold? The price of quarter gold, which made its previous closing at 768.40 liras, decreased by 0.56 percent. In these minutes, the purchase price of quarter gold is traded at 747.00 liras, while the selling price is traded at 764.10 liras.   What is the Price of Republican Gold? The price of Republican gold, which made its previous closing at 3.057.20 lira, decreased by 0.88 percent. Currently, the purchase price of Republican gold is traded at 2,989.70 lira, while the selling price is traded at 3,030.40 lira.   What is the Price of Ounce of Gold? The price of ounce of gold, which made its previous closing at $ 1,870.31, fell 0.37 percent. Currently, the purchase price of ounce of gold is at $ 1,863.06, while the selling price is at $ 1,863.38.   What Does the Experts Say? Tera Investment Economist Enver Erkan stated that in the long term, the movements of ounce of gold will be examined and continued as follows: “In the short term, if the dollar rate movement goes down a little further with the Central Bank decision, we can continue to see a decrease on the gram of gold. In the long run, ounce of gold dynamics will be monitored.”   Gedik Investment Investment Advisor Eda Karadağ said the following regarding the possible interest rate decision of the CBRT: “The Gram gold traders can continue to hold their long positions for a while now, but I would recommend adding stop loss. On November 19, the CBRT will decide on an interest rate and the expectation is to make an interest rate increase. This situation may be supportive to maintain its positive view in TL assets until this date and may make it difficult for gram gold to rise in the calm course of USD / TL. Therefore, gram gold investors may consider the additional position if they see the insistence of above $ 1900 of ounce gold. ''     The above prices are the prices recorded at the time of writing, gold prices may change instantly.