What is the latest situation in gold and dollars? September 4, 2023 - Coinleaks
Current Date:November 7, 2024

What is the latest situation in gold and dollars? September 4, 2023

What is the latest situation in gold and dollar on the first trading day of the week, in line with the volatility in the global markets and the inflation data of TURKSTAT?

2023 will be a year in which tough fights are made against inflation and monetary tightening is initiated with the increase in policy interest rates. The steps taken by the countries also affect the markets. In particular, the USA has taken the market under its control as a result of its sharp stance against inflation. On the other hand, it is seen that the interest rate increase was achieved strongly in Turkey. Last month, the Central Bank of the Republic of Turkey increased the interest rate to 25 percent. In addition, inflation data were announced by TUIK today. It is worth remembering that inflation data also have an impact on the markets.

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 1,943 USD.

grams of goldcontinues its activity with 1.673 TL.

Quarter goldIt is also traded at 2,802 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 26.77 TL.

On the other hand euro, at the level of 28.94 TLis being traded.