How did gold and the dollar start the day?

How did gold and the dollar start the day?

16.09.2024 10:50

Gold prices started the new week with an increase. While the gram of gold is traded at 2,818 liras, the quarter gold is sold at 4,600 liras and the Republic gold is sold at 18,340 liras. As of 10.10 am, the USD/TRY is trading just above the previous closing at 33.9590.

On Friday, the price of gold in grams, which followed a predominantly buying trend parallel to the price per ounce of gold, ended the day at 2,814 liras with a 1% increase compared to the previous closing. The price of gold in grams started the first trading day of the week with an increase and is currently at 2,818 liras, a 0.1% increase compared to the previous closing at 10:25. At the same time, the quarter gold is being sold at 4,600 liras and the Republic gold at 18,340 liras.

The price per ounce of gold reached a record level of $2,586 on Friday and is currently trading at $2,582, a 0.2% increase compared to the previous closing.

Global markets started the week cautiously as they will closely monitor the monetary policy decisions of major central banks, including the Federal Reserve (Fed), and domestically, attention is turned to the interest rate decision of the Central Bank of the Republic of Turkey (CBRT).

DOLLAR STARTS THE WEEK WITH A SIDEWAYS TREND

The dollar/TL, which followed an upward trend on Friday, ended the day at 33.9499 with a 0.1% increase compared to the previous closing. As of 10:10, the dollar/TL is trading just above the previous closing at 33.9590. At the same time, the euro/TL is being sold at 37.7350 with a 0.5% increase, and the pound/TL is being sold at 44.6970 with a 0.1% increase. The dollar index is currently at 100.8, 0.4% below the previous closing.

This week, the monetary policy decisions of major central banks, including the Federal Reserve (Fed), will be closely monitored, and domestically, attention is turned to the interest rate decision of the Central Bank of the Republic of Turkey (CBRT) to be announced on Thursday.

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