Turkey : Gold prices are on the rise! May 7 current gold prices …

Gram gold prices rose to 391 liras, reaching its historical peak with the effect of the rise in the dollar. Ounce gold, on the other hand, remains calm over $ 1,700. Experts state that if the rise in the dollar continues, the level of 395 TL can be seen under grams.

GOLD PRICES

Quarter gold: 643.7 Lira

Half a gold: thousand 285 pounds

Gram gold: 392.46 Lira

Republic gold: 2 thousand 563 pounds

GOLD CLIMBING!

Mehmet Ali Yıldırımtürk, Vice President of Istanbul Jewelery Jewelers and Sarraflar Subject, made statements to sozcu.com.tr about gold prices.

Stating that the price of ounce gold in the foreign market is trying to hold above $ 1,700 with a calm motion, Yıldırımtürk said, “In the short term upwards, the level of $ 1,715-1,720 can be monitored. Below are $ 1,690 and 1,677. The dollar is rising inside because there is no concrete step towards the dollar requirement. The rising dollar due to the multiplier effect also increases the gold prices. The exchange rate was above 7.15 and 392 TL per gram. If it is exceeded, 395 TL can be seen. 388 TL can support in the short term ”.

Ünlü & Co evaluation note stated that ounce gold has difficulty in finding support. Although the global risk appetite has lost momentum, it is stated that the resilience is not allowed to gain momentum above $ 1,700 as the resilience of the economies with the efforts to re-open the economy, “As long as the dollar index meets the withdrawals without feeling a significant pressure and does not move away from the 100 level, It stands out as one of the topics that makes it difficult. When we look technically, we do not think that the appearance has changed much. So much so that the pressure on gold can continue in the short term without exceeding $ 1,715. The figures below $ 1,700 will make this pressure feel more. ” found in the description.