Gram gold started the week with a new record

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Gram gold started the week with a new record

While the ounce of gold in the spot market entered the new week with an increase due to the pricing of China's easing of epidemic measures pulling the dollar down, a record level was also recorded in the gram gold side. While the upward momentum in the ounce of gold continues in global markets, new records are also being recorded in gram gold. While a downward movement was observed in the dollar due to investors' expectations for the easing of epidemic measures in China, the ounce of gold in the spot market entered the new week with an increase. The ounce of gold in the spot market tested above $1,809 in the first transactions of the new week. Thus, the highest levels were observed in spot gold since July. The increase seen in ounce gold led to new records in gram gold. According to the calculation made with ounce gold and Dollar/TL exchange rate, gram gold exceeded 1,084 TL and reached its new peak. According to the comment of Nicholas Frappell, Global Head of Corporate Markets at ABC Refinery, while the latest employment data announced in the US created a more negative environment for gold, gold, on the contrary, rose with the theme of collecting from the bottom.