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Critical Morning in Markets: Oil Prices Fall, Gold Rises

Ekovitrin Sivas
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Critical Morning in Markets: Oil Prices Fall, Gold Rises
Photo: ekovitrin.com

Points clés

  • Oil prices fell
  • Gold prices rose
  • Upward trend in foreign exchange markets continues

En chiffres

83,35 dollars6,206 TL47,553154,8833

US President Donald Trump's statements on Iran affected global markets. Brent oil prices fell by more than 5% and dropped to $83.35. Gold prices rose and gram gold was traded at 6,206 TL. The upward trend in foreign exchange markets continues.

The dollar and euro are maintaining their high levels. The dollar/TL is trading at 47,5531, and Euro/TL is trading at 54,8833. An increase in LPG prices is expected. According to information from sector sources, a 2,45 TL increase in the liter price of autogas is expected as of midnight. Experts state that the news flow regarding negotiations with Iran, the trend in oil prices, and economic data from the US will be decisive for gold, foreign exchange, and energy prices throughout the week.

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Questions fréquentes

Why did oil prices fall?
US President Donald Trump's statements on Iran affected global markets.
What happened to gold prices?
Gold prices rose and gram gold was traded at 6,206 TL.
What is happening in foreign exchange markets?
The upward trend in foreign exchange markets continues. The dollar/TL is trading at 47,5531, and Euro/TL is trading at 54,8833.

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