Quarter Gold Exceeded The 1000 TL Level

Quarter gold exceeded the level of 1000 TL. Gold broke a record with the effect of the US dollar rate and the rise in global gold prices.

Quarter gold tested above 1000 TL as the USD/TL rose above 10.20 and the rise in global gold prices continued. Gram gold rose above 600 TL after the USD/TL exchange rate reached the level of 10 on Friday and supported by the rise in global gold prices. The USD/TL rate broke a record in the new week and the high trend in global gold prices caused the gram gold rose to 617 TL on Tuesday. The ounce of gold, which was supported by the US inflation data coming above expectations and the expectations that the FED will not increase interest rates in the near future, completed the last week around $ 1,870 with an increase of more than 2.5 percent after climbing up to $ 1,865. The precious metal started the new week down around $1,857, then rose slightly to trade around $1,873 on Tuesday.