In the light of the activity in the global markets, what is the latest situation in gold and dollar on the first 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. Raising the interest rate to 25 percent revealed the sharpness of the tightening policy. Although the markets gave a recovery signal in accordance with this move, they started to move to the old region again. Gram gold, which reached levels close to 1.550 TL, again approached around 1.635 TL. The dollar, on the other hand, forms a structure at the level of 26.54 TL.
The agenda of the countries is to beat inflation and ensure a transition to the pre-Covid era. For this reason, the USA, in particular, is making serious moves in policy rates. Borsa İstanbul accompanies the structure formed by gold and dollar. Borsa Istanbul is close to the 8.000 bar.
In the 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 gold price?
Coming to the first trading day of the week, Gold prices are as follows;
ounce of gold,He spends the day with 1,916 USD.
grams of goldcontinues its activity with 1.636 TL.
Quarter goldIt is also traded at 2,806 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 26.56 TL.
On the other hand euro, at the level of 28.75 TLis being traded.
