What's the Latest Situation in Gold and Dollar? 12 May 2023 - Coinleaks
Current Date:September 21, 2024

What’s the Latest Situation in Gold and Dollar? 12 May 2023

In the light of inflation and interest rate developments in global markets, what is the latest situation in gold and dollar on the last trading day of the week?

The progress in traditional markets continues to be shaped in the light of inflation and interest rate decisions. Stock markets continue to price the news flows and the economic moves of the countries. On the other hand, the 25 basis points increase in interest rates in the USA and the slight decrease in inflation drew attention. This situation increased the rumors that the markets might loosen a little more in the coming period. In all these processes, how is the activity in gold and dollar on the last trading day of the week?

What’s the Latest Situation in Gold Price?

Coming to the last trading day of the week, At 10:00, the gold prices are as follows;

ounce of gold,He spends the day with 2,028 USD.

grams of goldcontinues its activity with 1,265 TL.

Quarter goldIt is also traded at 2,391 TL.

What About Dollar and Euro Price?

On the last trading day of the week At 10:00, the dollar and euro exchange rates are as follows;

Maintaining strong momentum The dollar rate is around 19.57 TL.

On the other hand euro, at the level of 21.52 TLis being traded.