FCHAIN Türkiye Office informs:
Last week, along with global markets, Borsa Istanbul finished the week with a significant drop. The stock market, which rose sharply on Thursday, experienced a loss of approximately 3% on Friday. Meanwhile, gold reached a new peak, surpassing the 2,600 lira level. With tensions in the Middle East and the FED’s interest rate announcements influencing the markets, what can we expect in the new week?
Last week, there were notable sharp increases in gold prices. After hitting a record of 2,644 lira per gram on Friday, gold prices retreated. Throughout the week, the Fed’s interest rate decision, developments in the Middle East, and US economic data were closely monitored.
