What is the latest situation in gold and dollar on the fourth 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.
Despite the economic flows that occupy the agenda, it is seen that gold and the dollar maintain their strong structure. Gold spends this week at the level of 1,660 TL. The dollar, on the other hand, has formed a structure above 26 TL. Since August, there has been an increase in interest in the stock market and investors have been following the stock market shares. The tightening policy and the increase in inflation increase the areas where money is evaluated. However, there has been no activity on Bitcoin and altcoins yet. Apart from minor volatility, the crypto market lacks volume.
In the light of all these processes, what is the latest situation in gold and dollars on the fourth day of the week?
What is the latest situation in gold price?
Coming to the fourth trading day of the week, Gold prices are as follows;
ounce of gold,He spends the day with 1,918 USD.
grams of goldcontinues its activity with 1.655 TL.
Quarter goldIt is also traded at 2,786 TL.
How about the dollar and euro price?
On the fourth trading day of the week , dollar and euro exchange rates are as follows;
Maintaining strong momentum The dollar rate is around 26.82 TL.
On the other hand euro is at the level of 28.79 TLis being traded.
