What is the latest situation in gold and dollar? September 11, 2023 - Coinleaks
Current Date:September 21, 2024

What is the latest situation in gold and dollar? September 11, 2023

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

Signals regarding the interest rate increase in the USA and Turkey’s Medium Term Plan announcement revealed that the markets are focusing on monetary tightening for a while longer. It seems that global markets will continue without cash inflow in light of the economic pressures of countries for a while. However, a stock market wind is blowing in Turkey.

Borsa Istanbul has been facing incredible interest lately. More than 3 million participants participated in the last IPOs. While investors concentrated on the stock market side, there were retreats on the gold and dollar side. The cryptocurrency market does not attract enough attention because it has been moving in a downward direction for a long time.

Dollar and gold have been moving in a certain structure for a long time. Gram gold has been at the level of 1,650 TL for a long time. The dollar has settled in the 26.50 TL band since the last interest rate decision.

In light of all these processes, what is the latest situation in gold and dollar on the first trading day of the week?

What is the latest situation in the gold price?

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

Ounce of gold,It spends the day at 1,928 USD.

gram goldcontinues its activity with 1.665 TL.

Quarter goldIt is traded at 2,806 TL.

What is the price of dollar and euro?

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

Maintaining its strong momentum The dollar exchange rate is around 26.86 TL.

On the other hand euro is at the level of 28.85 TLis being traded.