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The price of the gram of gold and the favorite of the citizens are wondering about the most recent state and the information of the current price below the quarter. Gold, the safe haven for investors, continues to rise due to the recent virus outbreak. So how much were the gold prices? How much does a quarter of gold cost?
GOLD PRICES
Gold room: 636.7 Lira
Half goldthousand 273 pounds
Gold gram: 388.46 Lira
Republic Gold: 2,542 pounds
FACTORS AFFECTING THE GOLD PRICE
It is an investment tool used in gold production and for investment purposes, but it is also marketed in international markets. The factors that affect the price of gold are the factors that affect the supply and demand for gold. These are;
1- Industrial demand, especially for jewelry demand,
2- Gold mining costs of mining companies,
3- Geopolitical conditions of countries with high weights in the supply and demand of gold.
4- Prices of oil and other basic products,
5- Central bank gold buying and selling operations,
6- Central bank monetary policies,
7- Real interest rates,
Inflation rates,
9- Growth rates of world economies,
10- Hedging operations of gold producers,
11- The number of short and long positions in the futures markets where gold is traded,
12- transactions with speculative purposes,
13- The value of the US dollar against other currencies.
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