Gold Prices Couldn't Hold Out Again: A Sharp Decline Has Begun.
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Gold investors are closely watching the latest figures on the last trading day of the week. In the free market, gram gold is trading at 6,236 TL, while movements in quarter and Republic gold coins are also being closely monitored.
After a sharp increase earlier today, July 31st, the price of SJC gold bars has been adjusted downwards twice, with a total decrease of 1 million VND per ounce.
Gold prices began to plummet following the Fed's decision to hold rates and the strengthening dollar. This morning, the price of an ounce of gold fell to $4,070, while the price of a gram of gold dropped to 6,220 Turkish Lira.
Hardly any asset has attracted as much attention in recent years as the yellow precious metal. Rising quotations, recurring crisis reports and the search for stability keep gold in the headlines. At the same time, in many households of unused jewellery lies in drawers and casket – heirlooms, old rings, individual earrings – whose real value is hardly known to the owners. Those who want to realistically assess their old gold should be advised bef…
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