How is the gold and dollar price on January 16, 2023, with the tight interest rate policies implemented around the world turning positive?
While the Fed’s balance sheet has been shrinking for a long time, high interest rates and tight monetary policies have put pressure on the gold price. However, there has been a recovery in inflation data recently.
What Is The Gold Price?
Gold prices at 10:00 am on the first trading day of the week:
Ounce of gold started the day with 1,915 USD.
Gram gold is opening today at 1.158 TL.
Quarter gold is traded at 1,943 TL.
What About the Dollar Price?
At 10:00 on the first trading day of the week, the dollar rate is around 18.78 TL.
Euro is traded at 20.37 TL in the morning hours.
