What is the latest situation in gold and dollars? August 24, 2023 - Coinleaks
Current Date:September 21, 2024

What is the latest situation in gold and dollars? August 24, 2023

In the light of the activity in the global markets, what is the latest situation in gold and dollar on the fourth trading day of the week?

Global markets have been going through volatile days lately. Especially as the date of the CBRT’s interest rate decision is approaching, it is seen that gold and dollar are showing an upward movement. Gram gold, which previously fell to the level of 1.644 TL, rose to the level of 1.681 TL today. The end of the decline in grams and the beginning of the activity to the level of 1,700 TL drew attention. In addition, the fact that the dollar exceeded the level of 27 TL and maintained its strong structure was one of the highlights of the day.

The conservative move of the USA in the policy rate and the inflation observed on a global scale make us think that countries may enter the next year with tightening. Global markets prefer more reliable ports due to tightening. The CBRT has also affected the domestic market with the interest rate decision to be announced today. The CBRT’s interest rate decision is followed with an expectation of 20 percent.

On the crypto side, the rise was seen. Bitcoin surpassed the $26,000 level and managed to stay above it. Along with this rise, the revival of altcoins has given hope to the crypto market.

In the light of all these processes, what is the latest situation in gold and dollar on the fourth trading 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 1,922 USD.

grams of goldcontinues its activity with 1.650 TL.

Quarter goldIt is also traded at 2,854 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 27.21 TL.

On the other hand euro, at the level of 29.64 TLis being traded.