Ounce gold prices soared as expectations for the Fed’s interest rate hike in March rose after inflation climbed to a 39-year high in the US. Gram gold, on the other hand, moves parallel to the dollar.
On Thursday, January 13, 2022, an ounce of gold, which rose to $ 1,828 after inflation data, was traded at $ 1824 when it showed 10.00 in the morning.
After starting the new week around 796 lira, gram gold was at 809 lira at 10:00 am on Wednesday.
At the same time of the day, the quarter gold purchase price was 1293 lira and the selling price was 1323 lira.
What is the Latest Situation in Dollar and Euro?
After the US inflation data were announced yesterday, the dollar, which started to decline from 13.80 levels to below 13.40, started the day at 13.38 liras. When the clocks showed 10.00, it was around 13.53 liras.
Euro started the day at the level of 15.35 lira, yesterday it was at the level of 15.15 lira at the close. It was traded at 15.50 lira at 10:00 am.