What's the Latest Situation in Gold and Dollar? May 4, 2023 - Coinleaks
Current Date:September 21, 2024

What’s the Latest Situation in Gold and Dollar? May 4, 2023

In the light of inflation and interest rate decisions in global markets, what is the latest situation in gold and dollars today?

The policy rate moves in the USA and the harsh interventions of the European Union in the economy were an important step in reducing inflation. However, the markets were worried about recession after these moves. Particularly in the USA, the shares of banks have started to fall seriously in recent days. The US’s 25 basis points increase in interest rates this month further confused the markets. On the other hand, it was observed that inflation experienced a sharp decline in Turkey. TurkStat announced the annual inflation rate as 43.68 percent. After all these processes, what is the latest situation in gold and dollar today?

What’s the Latest Situation in Gold Price?

Coming to the fourth day of the week, At 10:25, the gold prices are as follows;

ounce of gold,He spends the day with 2,038 USD.

grams of goldcontinues its activity with 1,275 TL.

Quarter goldIt is also traded at 2,259 TL.

What About Dollar and Euro Prices?

on the fourth day of the week At 10:00, the dollar and euro exchange rates are as follows;

Maintaining strong momentum The dollar rate is around 19,448 TL.

On the other hand euro, at the level of 21.63 TLis being traded.

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