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Gold is not staying still! It has broken records again.

Gold is not staying still! It has broken records again.

31.10.2024 09:51

The price of gold per ounce gained 0.5% yesterday, closing at a record high of $2,787.40. Today, the price reached a peak of $2,790.14, and currently, it is stabilizing at $2,783, which is 0.1% below the previous closing.

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Gold prices continue to reflect interest rate cuts, the conflict environment in the Middle East, and the upcoming US elections. The ounce of gold has reached a historical record.



As demand for gold increases in global markets, gold prices continue to rise due to this demand. The slowdown in the US economy, the beginning of interest rate cuts by central banks, the ongoing conflict in the Middle East, the approach of the US elections, and the partial clarity in polls, along with the volatility of exchange rates in the domestic market, positively affect gold prices.



OUNCE GOLD



The ounce of gold started the day at $2787. During the day, the lowest level was $2783, and the highest level reached $2790. Currently, it is trading at $2786. The historical high level was $2790.



GRAM GOLD



The gram of gold started the day at 3067 lira. During the day, the lowest level was 3067 lira, and the highest level reached 3075 lira. Currently, it is finding buyers at 3070 lira. It had reached its historical high of 3076 lira yesterday.



LAST STATUS OF DOLLAR AND EURO



In the Istanbul free market, the dollar started the day at 34.2680 lira, and the euro at 37.2920 lira. The dollar, bought at 34.2660 lira in the free market, is sold at 34.2680 lira. The selling price of the euro, bought at 37.2900 lira, is set at 37.2920 lira. Yesterday, the selling price of the dollar was 34.2660 lira, and the selling price of the euro was 37.2030 lira.



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