Gram of Gold Reached 516 Lira
Gram of
gold, which started the day with a horizontal motion, reached 516 Lira. While the US Presidential election continues its effect on the markets, gram of gold is traded at 515.5 liras.
Gram of gold, which rose yesterday in line with the increase in the price of gold, was the percentage of the previous day's closing. It closed at the level of 515.5 liras over 0.2.
The gram price of gold is trading at the level of 515.6, slightly rising compared to the previous close as of 11:00 after starting Wednesday with a horizontal motion. In the same minutes, quarter gold is sold at 847 liras and Republic gold is sold at 3.458 liras.
The price of ounce of gold is currently trading at $ 1,890, 0.9 percent below the previous close.
Making a statement on the subject, analysts pointed out that the increase in the dollar index suppressed the ounce price of gold, and stated that the results of the presidential election in the USA, the news flow regarding the coronavirus epidemic and geopolitical developments will continue to have an impact on the risk perception.
The analysts stated that the service sector Purchasing Managers Index to be announced in the USA and
Europe and the private sector employment and foreign trade balance data in the USA will be monitored, and in technical terms, the price of an ounce of gold stands out as the support of $ 1,870 and the resistance of $ 1,900.