In the light of the activity in the global markets, what is the latest situation in gold and dollar on the fourth trading day of the week?
As a remarkable development of the week, the policy rate in the USA draws attention. In the USA, it gave slowdown signals by keeping the policy rate unchanged. Fed Chairman Jerome Powell, who took the stage right after, stated that they worked hard to reduce inflation in the USA to 2 percent. Powell said that in this context, they can continue to increase interest rates.
Markets began to shape expectations after the US interest rate decision and Powell’s statements. The market expectation is that interest rate hikes may continue in the coming period.
While strong rises continue on the gold and dollar side, the recovery process continues on the crypto side. Gram gold continues its activity above 1.450 TL. On the dollar side, there is activity close to the level of 24 TL. Bitcoin, on the other hand, fell below $25,000 after its strong decline.
What’s the Latest Situation in Gold Price?
Coming to the fourth trading day of the week, Gold prices are as follows;
ounce of gold,He spends the day with 1,930 USD.
grams of goldcontinues its activity with 1,469 TL.
Quarter goldIt is also traded at 2,427 TL.
What About Dollar and Euro Prices?
On the fourth trading day of the week , dollar and euro exchange rates are as follows;
Maintaining strong momentum The dollar rate is around 23.67 TL.
On the other hand euro, at the level of 25.61 TLis being traded.
