Gold prices are falling again
Gold has fallen after Jerome Powell's comments on the US employment market, while silver returned this week's earnings. Gram gold also fell again, following the global gold prices.
Gold prices fell after three days of rising, with Fed Chairman Jerome Powell's comments on unemployment. Gram gold followed a fluctuating course after rising at the beginning of the week, while silver turned to the negative side this week with the decline it experienced today.
Jerome Powell said in a speech at the New York Economic Club that the US employment market is still far from a total recovery, and urged lawmakers and the private sector to support workers.
Ounce of gold is closing 4 of the first 6 weeks in 2021 with declining, while Joe Biden pushes for a $ 1.9 trillion incentive package, and is moving towards closing this week with an increase. After three days of rising, the ounce of gold, which fell again, fell below $ 1,840.
Silver started this week at under $ 27 an ounce, after which it has risen significantly to almost $ 28 an ounce. Silver, which was in a downward trend after the evening hours on Tuesday, returned all of its earnings this week and switched to the weekly loss side.
Gram gold had risen to 420 TL after the week started around 410 TL, with the rise in global gold prices and the horizontal motion in USD / TL. With the decrease in global gold prices, gram gold has also decreased.
USD / TRY, followed by tight monetary policy of the Central Bank of Turkey with depreciated 4.62 percent since January 28 grams of gold and ounces of gold, together with the decline in the exchange rate is distinguished.
Ounce gold price
Gold prices are trading at $ 1,836 an ounce, down 0.38 percent at 07:59, with Fed Chairman Jerome Powell's comments on unemployment. Despite the ounce gold decrease, it is moving towards closing this week with gain.
Gold price per gram
Gram gold started this week around 410 TL, and has progressed to 420 TL with an increase of 2 percent since the beginning of the week. Gram gold fell by 0.4 percent to 416 TL on Thursday, with the decline in global gold prices and a flat course in dollar / TL.
Silver started this week with a bullish turn, then retracted all of its weekly gains. Silver, which is 0.37 percent down on a weekly basis, is trading at around $ 26.82 an ounce, down 0.7 percent on Thursday.