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GOLD FELL HARD WITH VACCINES NEWS ACTIONS TAKEN RALLY
The markets started the new week with an important development that worries the whole world closely. The announcement that the vaccine developed by Pfizer / BionTech is 90 percent effective and has no side effects has increased the appetite for risk in the markets. Although this situation caused rapid increases in the domestic and foreign equity markets, it caused a relaxation in gold and the dollar.
With the news of the vaccination, gold prices began to fall sharply earlier in the week. While the ounce of gold retreated to $ 1850, the gram of gold saw 481 lire.
PRESIDENT ERDOĞAN TALKS ABOUT DECREASE UNDER SPEED
Meeting of President Erdogan’s AK Party Group in Turkey The Grand National Assembly dollar fell sharply after its statement on the economy fell to 7.79 pounds. In his statement, President Erdogan said: “Interest is the cause, inflation is the result, and we will succeed. I hope that we will overcome the hurdle here and lower inflation even further. single digits as soon as possible, and then gradually reduce it to our medium-term goals. “
After the sharp drop in the dollar exchange rate, prices in grams of gold decreased by approximately 4.5% to 466.7 liras.
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