Gram Gold Find Support From The Expanding Attitude of CB’s
Gram gold, which gained value in parallel with the increase in the price of an ounce gold the other day, gained 0.1 percent compared to the closing day and traded at 388.6 TL.
The price of gram gold, which started the new day with a horizontal course, follows the 388.7 TL levels just above the closing yesterday as of 10.20. In the same hours, a quarter gold coin is 637 TL and the gold coin is 2.605 TL.
The price of Ounce Gold is just below the close of the past day, at $ 1,763 levels.
In a statement made by the analysts, he stated that the central banks and economic administrations’ continued expansionary stance in the fight against the financial effects of the new type of coronavirus (Covid-19) pandemic, supported the gold prices.
In addition to the speech delivered by the European Central Bank President Christine Lagarde abroad, analysts said that the US University of Michigan’s consumer confidence index will be pursued, as well as the technical income of $ 1,790 per ounce of gold. He stated that it would monitor the levels of -395 TL.