What is the latest situation in gold and dollar on the last trading day of the week, in line with the activity in global markets and TÜİK inflation data?
The Medium Term Plan announced by Vice President Cevdet Yılmaz revealed that Turkey will take firm steps towards monetary tightening. One of the clear moves to be taken especially against inflation is for the CBRT to continue increasing interest rates. August inflation, announced at the beginning of this month, was above expectations and shaped the expectations of the markets. Although the tightening continues, the money flow continues to shift towards the stock market. BIST100 remains on the agenda with its rise.
A similar scenario is taking place in the USA. The USA is in an intense struggle to reduce inflation to determined levels until the 2024 elections. The USA may increase interest rates again in its next decision. However, the markets began to take shape that there would be no increase in this interest rate decision and the policy rate would be kept constant.
In light of all these processes, what is the latest situation in gold and dollar on the last trading day of the week?
What is the latest situation in gold price?
Coming to the last trading day of the week, Gold prices are as follows;
ounce of gold,It spends the day with 1,925 USD.
gram goldcontinues its activity with 1,661 TL.
Quarter goldIt is traded at 2,792 TL.
How about the dollar and euro price?
On the last trading day of the week , dollar and euro exchange rates are as follows;
Maintaining strong momentum The dollar exchange rate is around 26.84 TL.
On the other hand euro is at the level of 28.77 TLis being traded.
