What's the Latest Situation in Gold and Dollar? 16 June 2023 - Coinleaks
Current Date:September 17, 2024

What’s the Latest Situation in Gold and Dollar? 16 June 2023

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

Coming to the last trading day of the week, the markets shaped in the light of the critical agenda draw attention. While gold continues its upward trend, the exchange rate activity under 24 TL of the dollar continues.

This week, the economic moves in the USA left their mark on the market. The Fed’s fixed stance on the interest rate decision and the statements of Fed Chairman Jerome Powell shaped the market. Powell said they can continue the rate hike and the market should recover. The Fed, which started to show a soft stance against inflation, also shaped the expectations of the markets.

In the middle of all these processes, what is the latest situation in gold and dollars?

What’s the Latest Situation in Gold Price?

Coming to the last trading day of the week, Gold prices are as follows;

ounce of gold,He spends the day with 1,961 USD.

grams of goldcontinues its activity with 1,493 TL.

Quarter goldIt is also traded at 2,445 TL.

What About Dollar and Euro Prices?

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

Maintaining strong momentum The dollar rate is around 23.67 TL.

On the other hand euro, at the level of 25.92 TLis being traded.