Gold losses exceeded 2 percent!

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Lerato Khumalo

Losses continue in gold prices!

The loss of gram gold in the last month exceeded 5 percent!

Gold’s losses are affected by the increasing global risk appetite as well as the strengthening of the dollar.

Gold investors will follow the Fed minutes to be announced today evening.

At 15:30, the statements from Iran shook the global markets. Iran states that the demands of the USA and Iran are incompatible and discloses the dispute

At 15:30, the statements from Iran shook the global markets. Iran stated that the demands of the USA and Iran were incompatible and disclosed the dispute, triggering sales in global stock markets.

While losses in US stock market futures are approaching 1 percent, oil prices are also increasing by more than 1 percent.

The rise in US 10-year bonds to their highest levels since 2002 is one of the reasons that triggered the sales. Losses in gram gold and ONS gold exceeded 2 percent!

Here are the latest prices

Gram gold 6,445 TL

Quarter gold 10,821 TL