The direction of the gold and dollar market is being wondered by the investor. An ounce of gold fell after US President Joe Biden announced on Monday that he would re-nominate Fed Chairman Jerome Powell.
The ounce of gold, which fell to $ 1782 yesterday, rose to the level of $ 1896 this morning. Under ounce, the lowest level was 1789 dollars and the highest 1796 dollars during the day. As of 11:00 am, an ounce of gold is at 1792 dollars.
Golden dollar pricesGram Gold Hits Record Levels
The gram gold, which rose with the rise in the dollar rate, saw a record transaction at 749 liras when the hours showed 11:00 in the morning. Under gram, the lowest level was 731 lira and the highest 759 lira during the day.
At the same time of the day, the quarter gold purchase price was 1197 lira and the selling price was 1239 lira.
“Unrealistic price formations were observed in the foreign exchange markets”
Making a statement regarding the excessive volatility in exchange rates last night, the Central Bank stated that it did not make any commitment regarding the exchange rate level under the floating exchange rate regime, and stated that it observed unrealistic and unhealthy price formations in the foreign exchange markets, completely far from economic fundamentals.
The dollar, which saw 13.50 liras yesterday, followed a course under 13 liras in the evening. When the clocks showed 11:00 this morning, it was traded around 12.97 lira. At the same time, the euro was valued at 14.60 liras.
