Today, Quarter Gold is 630 TL, Gram Gold is 383 TL

Today, Quarter Gold is 630 TL, Gram Gold is 383 TL

As the coronavirus pandemic continues to reduce the risk appetite in the markets, concerns about the economy will cause more than expected damage continue to increase. The security asset demand increased yesterday after the IMF announced that its growth forecast for the global economy was 3.3%, as a 3% contraction and announced that there will be a sharp contraction in the national economies, especially in the USA and the Euro Area. Ounce gold, which has been on the rise with weak US data since the middle of last week, expanded its earnings with IMF news yesterday, reaching $ 1,748 and peaking for 7 years. The devaluation of the currencies of the developing countries against the dollar caused the USD / TRY rate to exceed the resistance of 6.80 yesterday, and with the increase in both the ounce and the dollar exchange rate, the gram gold reached a record level by seeing 382 TL in the country. Ounce gold, which has experienced some decline after the rise of the previous day, traded approximately $ 1,720 in recent hours, while gram gold rose again to 383 TL with the USD / TRY rate rising to 6,9075, after falling to TL 376 at the beginning of the day. today it increased by 1 TL more. While the demand for gold continues to increase, a record is seen on the record in prices with the effect of exchange rate in the country. Today, the quarter gold broke a record with 630 TL and Cumhuriyet gold with 2 thousand 505 TL.