Gold prices fall – Sözcü - Broadcast United

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Gold prices fell today as the U.S. dollar strengthened while investors awaited data due this week for clues on the health of the labor market and whether the Federal Reserve would be justified in cutting interest rates.

Although gold prices rose yesterday, closing at $2,00351, it found buyers today at $2,00327, down 1% from the previous close.

Yesterday, as the price of gold ounces rose, the price of gold grams also rose, reaching the level of 200429 liras as of 14.45. As of the same minute, a quarter of gold was sold for 3,00978 liras, and Republic gold was sold for 16,00400 liras.

Will he attend the summit again?

“Gold prices were hurt by a stronger dollar after a few days of weakness,” said Ricardo Evangelista, senior analyst at ActivTrades.

“Gold prices have a good chance of returning to the highs seen a few weeks ago, due to geopolitical risks and uncertainty about global economic growth, as well as strong government purchases,” Evangelista said.

On May 20, the price of gold hit an all-time high of $2,450 per ounce.

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