What's the Latest Situation in Gold and Dollar? 8 May 2023 - Coinleaks
Current Date:September 15, 2024

What’s the Latest Situation in Gold and Dollar? 8 May 2023

In the light of the volatility in the global markets and the election agenda in Turkey, what is the latest situation in gold and dollars?

The US’s policy rate hike logic with the logic of reducing high inflation had a negative impact on the markets. The relief and uptrend scenarios that started after the new year also revealed rumors that the squeeze in the global economy was over. However, the problems experienced by US banks also bring recession risk to the table. On the other hand, Turkey has entered election week. Before the elections to be held on May 14, the situation in the markets is followed with interest. In the middle of all these processes, what is the latest situation in gold and dollars on the first trading day of the week?

What’s the Latest Situation in Gold Price?

Coming to the first trading day of the week, At 10:05, the gold prices are as follows;

ounce of gold,He spends the day with $2,021 USD.

grams of goldcontinues its activity with 1,267 TL.

Quarter goldIt is also traded at 2.243 TL.

What About Dollar and Euro Prices?

On the first trading day of the week At 10:05, the dollar and euro exchange rates are as follows;

Maintaining strong momentum The dollar rate is around 19.50 TL.

On the other hand euro, at the level of 21.54 TLis being traded.