In the light of the activity in the global markets, what is the latest situation in gold and dollar on the second trading day of the week?
The Central Bank of the Republic of Turkey (CBRT) mobilized the market by making a move different from the expectations in the policy rate. The dollar made a strong decline after a long time, followed by the same reaction in gold. Increasing the interest rate to 25 percent revealed the sharpness of the tightening policy.
After these processes in the market, it was seen that gold and dollar experienced an increase. Especially in Borsa Istanbul, the rises continue. Borsa İstanbul tested the 8,000 limit. The shift of money to investment instruments, the end of the inflation environment, the continuation of the interest rate policy, and the signals of recovery by the markets are important factors. However, there is still no vitality on the crypto side.
Interest rate steps and inflation results in the USA are also among the expected criteria. On the other hand, the 2024 elections that will take place in the USA are also important.
In the light of all these market processes, what is the latest situation in gold and dollar on the second trading day of the week?
What is 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 1,923 USD.
grams of goldcontinues its activity with 1.642 TL.
Quarter goldIt is also traded at 2,790 TL.
How about the dollar and euro price?
On the first trading day of the week , dollar and euro exchange rates are as follows;
Maintaining strong momentum The dollar rate is around 26.60 TL.
On the other hand euro, at the level of 28.75 TLis being traded.
