Gold prices are breaking record after record after a long period of stagnation. While ounce gold is approaching the record set last May, gram gold is adding a new record every day.
With the effect of volatility in both ounce gold and exchange rates, gram gold gained momentum.
Expectations that the US Central Bank, the Fed, will start to reduce interest rates earlier than expected and claims that interest rate increases have ended are strengthening gold.
Gram gold prices are also breaking records. Gram gold started the day at 1897 lira. During the day, the lowest level was 1894 lira and the highest level was 1907 lira. Currently, gram gold is selling for 1899 liras.
HE PROVIDED 83 PERCENT PROFIT IN THE LAST YEAR AND 611 PERCENT IN 5 YEARS
Gram gold has gained 74 percent since the beginning of the year. It made a premium of 5.30 percent in the last month, 17.35 percent in the last 3 months and 83 percent in a year. In the last 5 years, there has been a gain of 611 percent.
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