After US inflation, risk appetite in global markets has increased again. This is causing gold to break records. ONS gold saw a record level in this morning’s transactions.
US inflation figures released on Wednesday had shown that the Fed would cut interest rates more slowly at its September 18 meeting. However, global stock markets started to rise rapidly again yesterday, led by technology stocks.
This caused the dollar to lose strength against other currencies.
Gold prices are also breaking records, finding support from the weakening dollar.
Gram gold 2,804 TL
Quarter gold 4,608 TL
Half gold 9,188 TL
