What is the latest situation in gold and dollars? August 7, 2023 - Coinleaks
Current Date:September 21, 2024

What is the latest situation in gold and dollars? August 7, 2023

In line with the activity in the global markets, what is the latest situation in gold and dollar on the first trading day of the week?

Although expectations and progress in global markets are on a positive course, it is noteworthy that interest rate increases and inflation have not been defeated yet. All these processes reduce the appetite for risky investment assets while increasing the appetite for gold and the stock market. However, positive expectations continue to come on the Bitcoin side. The economic policy pursued by the USA and the ongoing monetary tightening in Turkey appear to be a major factor in shaping the markets.

In line with all these processes, what is the progress on the gold and dollar side on the first trading day of the week?

What’s the Latest Situation in Gold Price?

Coming to the first trading day of the week, Gold prices are as follows;

ounce of gold,He spends the day with 1,936 USD.

grams of goldcontinues its activity with 1.681 TL.

Quarter goldIt is also traded at 2,778 TL.

What About Dollar and Euro Prices?

On the first trading day of the week , dollar and euro exchange rates are as follows;

Maintaining strong momentum The dollar rate is around 26.99 TL.

On the other hand euro, at the level of 29.66 TLis being traded.