Last minute: Sharp fall in gold prices!

The US inflation figures, which were announced as 8.5 percent yesterday, stretched the markets. After the announced inflation figures, there were sharp decreases in gold prices.

Starting the first day of the week at 1.040.22, gram gold prices decreased by 1.13% to 1.027.69 levels after noon.

The gram gold, which saw the lowest 1.030.48 and the highest 1.040.34 levels yesterday, closed the day at 1.039.38.

THE HIGHEST 1045 LIRA IN JULY…

In July, gram gold, which saw the lowest 945 lira, reached the highest level of 1045 lira. Gold prices, which closed the day with 1039 liras yesterday evening, are trading at 1.027.69 as of 16:10 today.

DATE FOR GOLD

Stating that the withdrawals in August for gold may be a last chance, İslam Memiş said, “We will see upward increases in gold, silver and cryptocurrencies in the following processes. Because the Fed’s interest rate hike by 50 basis points in September and its dove-toned statements have been around for a long time. “I will continue to monitor gram gold in the range of 1.012 lira and 1.050 lira until the end of August. As of September 1, I expect an increase in gold and silver,” he said.