The gold is not satisfied with breaking records.

In global markets, a positive trend is being observed with the increasing risk appetite following the macroeconomic data released in the US and the European Central Bank's (ECB) decision to cut interest rates. While expectations that the US economy will experience a "soft landing" remain strong, the intensifying corporate earnings reports are also increasing stock and sector-based volatility. In the pricing of money markets, the Federal Reserve's (Fed) policy interest rate is still expected to be cut by 25 basis points next month, and a total reduction of 50 basis points is anticipated in the two meetings scheduled until the end of the year.

GOLD CONTINUES TO REACH RECORDS

The price of gold per ounce is reaching new records as the ECB continues its easing process and geopolitical risks maintain an upward trend, rising to $2,713 for the fourth consecutive trading day.

Here are the current gold selling prices:

* Gram gold selling price: 2,977.49 TL

* Quarter gold selling price: 5,088.00 TL

* Half gold selling price: 10,169.00 TL

* Full gold selling price: 20,016.30 TL

* Republic gold selling price: 20,267.00 TL

* Gremse gold selling price: 50,194.25 TL

* Ounce gold selling price: 2,710.64 USD

LAST STATUS OF DOLLAR AND EURO

The dollar started the day at 34.2250 TL, while the euro began at 37.1390 TL. In the Istanbul Grand Bazaar, the dollar bought at 34.2230 TL is sold at 34.2250 TL, and the euro bought at 37.1370 TL is sold at 37.1390 TL. In the last closing, the dollar was sold at 34.11 TL, and the euro at 37.02 TL.

The price of Brent crude oil closed yesterday at $74.2, down 0.1%, while today it is at $74.3, up 0.1%.

ECB'S IMPACT IN EUROPE

In European stock markets, a positive trend prevailed following the ECB's interest rate decision yesterday. In its monetary policy meeting held yesterday, the ECB reduced the three key policy rates by 25 basis points in line with market expectations, marking the third interest rate cut of the year. According to the bank's announcement, the deposit rate was lowered from 3.50% to 3.25%, while the refinancing rate and marginal lending rate were also reduced to 3.40% and 3.65%, respectively.

CBRT KEPT INTEREST RATE UNCHANGED

In the domestic market, the BIST 100 index of Borsa Istanbul, which showed a buying trend yesterday, closed the day with a gain of 0.52% compared to the previous close, finishing at 9,002.34 points. Meanwhile, the Central Bank of the Republic of Turkey (CBRT) Monetary Policy Committee (MPC) kept the one-week repo auction interest rate, which is the policy rate, unchanged at 50%. In the bank's announcement, it was noted that uncertainties regarding the pace of improvement in inflation have increased with the recent data flow, while indicators for the third quarter implied that domestic demand continues to slow down, approaching levels that support a decrease in inflation.

DATA TO BE MONITORED

Analysts stated that today, the international investment position in Turkey and retail sales in the UK, the current account balance in the Eurozone, and building permits and housing starts data in the US will be monitored, noting that technically, the resistance levels for the BIST 100 index are 9,100 and 9,200, while the support levels are 8,850 and 8,710 points.

The data to be monitored in the markets today are as follows:

09:00 UK, September retail sales

10:00 Turkey, August international investment position

11:00 Eurozone, August current account balance

15:30 US, September building permits

15:30 US, September housing starts