What is the latest situation in gold and dollar on the second trading day of the week, in line with the activity 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.
In the USA, the 2024 elections are approaching. Before these elections, the USA is trying to reduce the inflation to the targeted level and to complete the policy rate successfully. The possibility of interest rate hikes to stop seems unlikely before a sharp drop in inflation in the US takes place.
While the expected progress in cryptocurrencies does not come, there is a spring mood in stock market shares. Gold and dollar, on the other hand, continue to maintain their current structure.
In the light of all these processes, what is the latest situation in gold and dollar on the second trading day of the week?
What is the latest situation in gold price?
Coming to the second trading day of the week, Gold prices are as follows;
ounce of gold,He spends the day with 1,936 USD.
grams of goldcontinues its activity with 1.667 TL.
Quarter goldIt is also traded at 2,789 TL.
How about the dollar and euro price?
On the second trading day of the week , dollar and euro exchange rates are as follows;
Maintaining strong momentum The dollar rate is around 26.79 TL.
On the other hand euro, at the level of 28.85 TLis being traded.
