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Gold prices continue to fluctuate. Citizens are exploring the price of gold at the last minute. At the Grand Bazaar, 24 grams of gold bullion ended the day with a 0.93% drop to 203.3 Turkish lira. So how long was the quarter and the gram of gold? Here are the current gold prices for November 29th …
The price of gold began with a depreciation of the day but rose again at noon. It was observed that there was an increase in markets. At the Grand Bazaar of Istanbul, today the last gold quarter of 332 TL, the gold of the Republic was sold at 1.359 pounds sterling. The price of gold in 24 gram bullion rose to 0.373% from yesterday 's close traded at 203.3 pounds sterling.
Interest rates remain low compared to historic standards and slightly below levels supposed to be neutral for the economy, analyst at AA Finance, Islam Memis, reminded last night to the president of the US Federal Reserve (Fed ), Jerome Powell.
In declaring that Powell said that the effect of gradual rate hikes is uncertain and that it may take a year or more to see them Mem, Memiş said that "Powell's speech approached the rate of US natural interest and concluded that the interest rate hike of the Fed could enter a period of pause.We would like to state that we have removed.
Memis said that the price of gold ounce could be increased after Powell's speech and that, if gold technically exceeded $ 1,227, it could reach $ 1,235 and $ 1,255.
GRAM GOLD LOW!
Another important agenda that will be effective for the gold price at the G20 summit, which will begin tomorrow, will be the Memiş Memorandum, especially between the US-China trade war between the media and investors. Memiş said the exchange rate of the Turkish lira was weakened by the depreciation of the dollar on the domestic market, adding that 202 lire were to be supported and that 207 lire became resilient.
Closing prices of the types of gold purchased and sold at the Istanbul Grand Bazaar (TL) are as follows:
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