Started the golden day with a load

The price of a gram of gold traded at the level of 1128 lire, after starting the day with a rise. The price of an ounce of gold, for its part, was trading this morning at $1,860, after losing 0.5 percent yesterday and closing the day at $1,854.

The price of a gram of gold, which lost value in parallel with the price of an ounce yesterday, ended the day at 1,122 liras, down 0.64 percent. After starting the new day with a rise, the price of a gram of gold was trading at 1,128 liras, 0.53 percent above the previous close, at 10:45. In the same minutes, the gold room was sold for 1,850 lire and the Republic gold for 7,500 lire.

INFLATION DATA WILL BE FOLLOWED

Analysts noted that uncertainties regarding central banks’ monetary policy and concerns about the economy continue in global markets, noting that inflation data to be announced today in the US is in the focus of investors. .

Annual inflation in the US was 6.5% in December 2022, the lowest level in almost a year. The annual increase in the Consumer Price Index (CPI) is expected to slow to 6.2 percent in January.

Saying that higher-than-expected CPI data will raise expectations that the US Federal Reserve will apply a stronger interest rate hike, analysts said growth data will also be followed in the euro zone today. .

The analysts reported that from the technical point of view, $1830 is in the support position and $1890 is in the resistance position in the price of an ounce of gold. (AA)