The gram price of gold started with a decrease.

The gram price of gold is currently at 2,726 lira, a decrease of 0.1 percent compared to the previous closing, after starting the first trading day of the week with a decline at 09:55. At the same time, quarter gold is being sold at 4,520 lira and Republic gold at 18,030 lira. The ounce price of gold, after completing the day on Friday at 2,497 dollars, which is 0.7 percent below the previous closing, is currently trading at 2,490 dollars, a decrease of 0.3 percent compared to the previous closing.

UNCERTAINTIES ABOUT THE SIZE OF THE STEPS THE FED WILL TAKE BY THE END OF THE YEAR CONTINUE

Global markets are following a negative trend as the data released in the US fuels concerns of a slowdown in the economy, and attention is now turned to inflation data to be announced in the US in the new week. Uncertainties about the size of the steps the Federal Reserve will take by the end of the year continue, and the macroeconomic data flow in the country and the guidance of officials are closely monitored. Analysts noted that recession concerns have dampened risk appetite, while expectations for inflation to reach desired levels remain strong.