Latest situation in gold prices: How much is gram and quarter gold?

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Lerato Khumalo

Gram gold, which gained value in parallel with the rise in the ounce price yesterday, completed the day at 6 thousand 850 liras, 0.5 percent above its previous closing.

Gram gold, which started the day with an increase, was at the level of 6 thousand 810 liras as of 09.45, with a decrease of 0.6 percent compared to the previous closing. At the same time, quarter gold is sold for 11 thousand 210 liras, and Republic gold is sold for 44 thousand 800 liras.

An ounce of gold is traded at $4,710, down 0.6 percent compared to the previous close.

Despite US President Donald Trump’s decision to extend the ceasefire with Iran, the partial rise in oil prices and bond interest due to the uncertainties regarding the ceasefire process in the US/Israel-Iran war is pressuring gold prices.

However, the continuing rise in the dollar index stands out as another factor that puts pressure on gold.

Analysts said that the markets are closed today in the country due to April 23 National Sovereignty and Children’s Day, and abroad, the global service sector, manufacturing industry and composite Purchasing Managers Index (PMI) data will be followed.