What is the current situation in gold and dollar?  14 August 2023

What is the current situation in gold and dollar? 14 August 2023

What is the latest position of gold and dollar on the first trading day of the week as per the movement of global markets?

Inflation based activities are continuing in the global markets. As a result of the anti-inflationary measures of the United States, the policy of increasing interest rates continues. America is giving a message that it can change the direction of its interest policy according to the coming reduction in inflation. However, the downward trend was not reflected in the US inflation data announced last week.

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Looking at the markets, the general trend is towards stock market shares. BIST100 managed to reach record levels. On the other hand, gold has broken from the bullish trend. On the other hand, Dollar and Euro maintain their strong structure.

In view of all these processes, what is the latest position of gold and dollar on the first trading day of the week?

What is the current situation in the price of gold?

arrives on the first business day of the week, Gold prices are as follows;

gold ounce, He ends the day with 1,912 USD.

gram goldcontinues its activity with 1.663 tl.

quarter gold It is also traded at 2,815 TL.

How is the dollar and euro worth?

first business day of the weekThe dollar and euro exchange rates are as follows;

maintain strong momentum The dollar rate is around 27.04 TL.

On the other hand Euro, at the level of 29.58 TL business is being done.