Gold traded at 6,874 TL per gram, up 0.2% from the previous day’s close of 6,860 TL, following a 0.53% decline yesterday.
Energy market developments—including a safety agreement at the Hurmuz Strait and reports of attacks on Saudi Aramco’s Cizan oil facilities—have pushed oil prices higher, keeping energy costs elevated and heightening inflation risks.
Investors are now focused on the U.S.
inflation figures scheduled for release on Friday, with analysts noting that the data could influence the Federal Reserve’s monetary policy.
The rest of the day is expected to see a relatively quiet domestic and international data agenda.
Gold Rises 0.2% Amid Dollar Weakness
Gold edged up 0.2% to 6,874 TL per gram as the dollar weakened and the market for ounces rebounded, while investors await U.S. inflation data due Friday.
Sources
- A Para · baglanti