What is the latest situation in gold and dollar on the third trading day of the week, in line with the volatility in the global markets and the inflation data of TURKSTAT?
The dynamism in the global markets continues in the light of the tightening policy. The economic steps taken by the USA and Turkey’s interest policy directly affect the gold and dollar side. The other day, TURKSTAT announced inflation above expectations. Inflation, which came in at 58 percent, started to shape the expectations for the next interest rate decision.
Markets have become interesting lately. On the Borsa Istanbul side, record participation in public offerings and increasing interest in shares draw attention. US stock markets are in the process of recovery. It is also seen that gold and the dollar maintain their structure, and the pullback is replaced by the recovery process.
Inflation will be announced next week in the USA. Inflation in the USA, which acts with a tightening policy, will also affect the next rate decision. This is an important factor for global markets. In Turkey, on the other hand, it is a matter of curiosity in what direction the next rate hike will be.
What is the latest situation in gold price?
Coming to the third trading day of the week, Gold prices are as follows;
ounce of gold,He spends the day with 1,926 USD.
grams of goldcontinues its activity with 1.660 TL.
Quarter goldIt is also traded at 2,792 TL.
How about the dollar and euro price?
On the third trading day of the week , dollar and euro exchange rates are as follows;
Maintaining strong momentum The dollar rate is around 26.81 TL.
On the other hand euro, at the level of 28.79 TLis being traded.
