Gram gold is trading at historic highs. The activity in ounce gold and exchange rates reflects positively on gram gold. Experts explained that there should be gold in portfolios.
Gold prices continue to be volatile. The effect of the unbalanced price and quantity movements in Borsa Istanbul, the volatility in exchange rates, the strengthening in ounce are reflected positively in gold. The expectations of experts on the gold side for 2023 also started to affect the perceptions of the investors.
A rise is observed on the ounce gold and gram gold side. An ounce of gold started the day at 1866 dollars. It saw the lowest level of $ 1865 during the day. The highest level was 1881 dollars.
Gram gold also gained strength in parallel with the rise in ounce gold. Gram gold started the day at 1124 liras. During the day, the lowest level was 1124 lira and the highest level was 1135 lira. Gram gold is trading at the level of 1131 liras, with an increase of close to 1 percent as of 13:00.
Experts said that there should be gold in portfolios, the rise may continue, but the interest rate decisions of central banks are of great importance in the rise of gold.