In the light of the activity in the global markets, what is the latest situation in gold and dollar on the last trading day of the week?
The Central Bank of the Republic of Turkey (CBRT) lowered the policy rate to 15 percent the other day. With the policy rate hike, an upward trend was observed in the dollar rate. As of today, the dollar has reached the level of 25 TL.
A similar rise is observed on the gold side as well. Gold broke a new record and approached the level of 1,545 TL. The rise in gold and the boom in the dollar exchange rate intensified after the interest rate hike.
Markets estimate that there is an exchange rate imbalance due to the policy rate being raised below expectations.
In the middle of all these processes, what is the latest situation in gold and dollars on the last trading day of the week?
What’s the Latest Situation in Gold Price?
Coming to the last trading day of the week, Gold prices are as follows;
ounce of gold,He spends the day with 1,914 USD.
grams of goldcontinues its activity with 1,545 TL.
Quarter goldIt is also traded at 2,545 TL.
What About Dollar and Euro Prices?
On the last trading day of the week , dollar and euro exchange rates are as follows;
Maintaining strong momentum The dollar rate is around 25.06 TL.
On the other hand euro, at the level of 27.35 TLis being traded.
