Hot details continue to come after the last minute development that occupies the agenda. According to the latest information obtained; Onur Can Bal, Deputy Manager of Gedik Investment Investment Consultancy, expressed the importance of the issue by saying that the inflation data for June in the USA, which was below expectations, put pressure on the dollar and this supported the short-term recovery in gold prices. However, Bal emphasized that the Fed's interest rate path continues to remain the focus of the market. Detailed analysis and official statements of the issue are closely followed by our editorial team in line with the developments.
Information from official sources regarding the issue, which has a wide repercussion on Türkiye's agenda, has become clear. According to the statements made; Reminding that both CPI and PPI data came better than expectations in June, Bal evaluated the issue by saying that the expectations for the Fed's interest rate increase until the end of the year were largely preserved. Stating that the renewed rise in oil prices poses an upward risk on July inflation, Bal noted that for this reason, the rise in oil prices has difficulty in turning into a permanent trend. Legal investigations and investigations by the competent authorities on the subject continue to deepen. We will continue to report new developments as they occur.
Hot details continue to come after the last minute development that occupies the agenda. According to the latest information obtained; "Multi-gear" era in metals: The common rally is over, each metal is charting its own path! While the investigation process carried out by the official authorities regarding the incident continues, you can instantly follow the most up-to-date information on our website.
According to the latest information about hot developments, a new phase has been entered in the event that is closely followed by the public. According to the details given; Stating that geopolitical risks, which have increased with the US operations against Iran, continue to affect the markets, Bal said that the dollar index remaining above 100 puts pressure on gold prices. Bal evaluated the issue by saying that in the current outlook, gold may exhibit more limited reaction increases. Legal investigations and investigations by the competent authorities on the subject continue to deepen. We will continue to report new developments as they occur.
According to the latest information about hot developments, a new phase has been entered in the event that is closely followed by the public. According to the details given; Historical downward cycle in gold prices before the US elections! Legal investigations and investigations by the competent authorities on the subject continue to deepen. We will continue to report new developments as they occur.
Information from official sources regarding the issue, which has a wide repercussion on Türkiye's agenda, has become clear. According to the statements made; Stating that only decreasing geopolitical risks will not be enough for a stronger rise in gold, Bal pointed out that the Fed's interest rate increase expectations should weaken. Stating that lower inflation data or indicators that point to a slowdown in economic activity may support this process, Bal added that in the current situation, it seems more likely that the fluctuating and pressured course will continue in the short term. Detailed analysis and official statements of the issue are closely followed by our editorial team in line with the developments.