What is the latest situation in gold and dollar today in the market that will be shaped by the Fed’s interest rate decision and the accompanying inflation rates in the coming days?
After April, when the global markets showed upward mobility, the eyes of the markets were turned to the economic moves that will take place this month. In the USA, expectations are forming for a 25 basis point interest rate hike and a decrease in inflation rates. The stock market crash of First Republic Bank in the US had once again led the markets to worry about a recession. On the other hand, the interest rate moves in Europe continue to maintain the strong structure on the euro side. In light of all these markets, what is the latest situation in the dollar and gold on the second trading day of the week?
What’s the Latest Situation in Gold Price?
Coming to the second day of the week, At 10:08, the gold prices are as follows;
ounce of gold,He spends the day with 1,985 USD.
grams of goldcontinues its activity with 1,241 TL.
Quarter goldIt is also traded at 2,277 TL.
What About Dollar and Euro Price?
on the second day of the week , at 10:08 the dollar and euro exchange rates are as follows;
Maintaining strong momentum The dollar rate is around 19.46 TL.
On the other hand euro, at the level of 21.44 TLis being traded.
