Money markets summary of the year: The Golden laugh, sad dollars (Private)

Waves of the global crisis aftershocks shake the European continent in 2010 was very active in terms of money markets. International business cycles and fluctuations, always seen as a safe haven of gold, once again showed that he deserves this distinction. Gold, the premium was 34 per cent since the beginning of the year. Exposed to serious selling pressure from time to time the stock market, though 27 percent of Plus was able to finish. Similarly, from time to time a great deal of fire rising dollar was worth at the beginning of the year is almost at the end of the year.

During the past year, developments in foreign exchange and stock markets once more polished gold. Europe's common currency used in Greece, starting with his crisis, the debate about the fate of the euro, the U.S. dollar increases the rating of the positive reflected investors. Cruise between the Turkish lira and dollar, the exporters did not happy. Year started at 1.49 pounds dollars, but in June climbed to 1.61 pounds, 1.54 pounds at the end of year processing gürdü.

Always act in the shadow of international developments in the stock market, although the effect of macroeconomic data and the crisis indicated a positive financial performance continued to be the favorite of foreigners. 2010, starting at 52,825 points, ISE, 71611'i saw at the beginning of November. After a bit yalpaladı but at the end of year 66,900 (As of 16:00 hours) levels and exit points and helped him win 27 percent rely on.

Money and gold market experts, the last 10 years rising to 5 times the price of ounce of gold, "What will happen in 2011?" question: "Who knows!" gives the answer. Rather inflate the price of yellow metal, and a 'correction' will remain exposed to the movement of weight, those who think. However, birth, wedding or special days such as to be indispensable, to comment on this issue has led to a bit more cautious. Gold pointed out that a long-term investment vehicle of the leading names in the Grand Bazaar Mehmet Ali Yıldırımtürk'ün 2011 estimated as follows:

"Upward trend since August, and a correction of the movement for yaşamadığımız gold in January-February-March correction can be expected. But so far the rise of gold has been especially effective in the Euro Zone perturbations. The European Central Bank in that area due to late receipt of the decision gold supported on the basis of the country, some negative. Europeans are not accustomed to that much gold. However, the shift in these funds has been created. Of course, the U.S. dollar draw zigzag, questioning the reliability, increase the liquidity of gold supported the decisions taken by the Central Bank of the United States. Now then, this rising trend a correction must come. Liquidity for the narrowing of the signals if it is a little more faster. Or it will be a bit more limited correction. The next year, gold prices will determine the course of the large investment funds and market players. States' gold demand, consumption is low, so are we. But the price determines them. Underline the need to think long term. will bring snow to get at the right time. 3-5 years later may bring snow. to buy time for the fall, of course, equivalent to the condition. "

"GOLD INVESTMENT TOOL FOR BEING OUT"

Lightning in the gold price Tera Securities Ersagun waiting for a correction. As the point of origin of gold 'investment vehicle came to be' suggesting Lightning, "a large part of market professionals to find the estimates for $ 1300 per ounce by the end of gold. Waiting will continue to rally a majority in 2011. But no one in the gold I encourage you not to comment upon. This happens about 10 times what he thinks mistaken yanılsam than 1 times. But the 'gold' as an investment vehicle is no longer 'good as gold' is not. No one knows you're gone, such as where to turn when the road is moving at an unknown. My advice, invest in gold as a means of Stop using. But the use of gold as a gift is never ending. " is the evaluation.

Info Securities at all times while Selim Lights 'safe haven' seen as the gold of the dollar against the euro and the strong position of waiting for protection. With the high price of the dollar and eurodaki developments point to promote this perception. However, whether or not the markets in Europe continued difficulties in the perception of this issue should be closely monitored to highlight.

YELLOW METAL 2010 EYE dazzled

December 31, 2010 December 31, 2011 Change (percent)

ISE 100 52825 66934 27

Gold (g) 52.52 70.45 34

U.S. $ 1.54 3.2 1.497

Markets, the closing figures of the last day of 2010!

Istanbul Stock Exchange traded stocks lost in value on a daily basis the average rate of 1.22 percent. Dollar rose Euro fell. Gold prices closed on the rise. Here are the closing numbers:

ISE 100 Index, the second session, falling from 1,021.60 points to 66,004.48 points closed. Second session, stocks fell by 1.52 percent on average.

First seanstaki 203.94-point increase, considering the entire day's stock market index fell 817.66 points.

Shares fell 1.22 percent on average on a daily basis.

FOREIGN EXCHANGE

Istanbul free market, the closing hours of the retail price of U.S. $ 1.5500 lira declined euro sale price rose to 2.0720 pounds.

According to information received the AA correspondent, Grand Bazaar, the market closing at 1.5500 dollars from 1.5450 lira lira, lira 2.0720 euros from 2.0650 pounds sold.

U.S. $ 1.5550 the day before the close of a free market lira lira 1.5530, 2.0640 pounds of the euro was 2.0770 pounds.

U.S. dollar traded in Ankara yesterday evening hours lira 1.5560, 1.5520 pounds was sold today in the evening.

2.0750 lira euro traded today in the evening. Euro 2.0680 pounds were sold yesterday in the evening hours.

Yesterday evening hours of the euro-dollar parity 1.3280 1.3393 today, was the evening hours.

The Central Bank, U.S. $ 15.30 as of the effective sale of the indicative 1.5473 pounds, or 2.0681 euro effective exchange rate, determined as TL.

Species in exchange traded markets in Istanbul and Ankara, the free, prior and as of today, buying, selling prices are as follows:
THURSDAY FRIDAY
Buying Selling Buying Selling
U.S. Dollar 1.5500 1.5530 1.5450 1.5500
Euro 2.0590 2.0640 2.0650 2.0720
Sterling 2.3950 2.4250 2.3800 2.4100
Swiss Franc 1.6350 1.6550 1.6350 1.6550
ANKARA
U.S. Dollar 1.5460 1.5560 1.5420 1.5520
Euro 2.0530 2.0680 2.0600 2.0750
Pound

2,3750
2,4200

2,3750
2,4200

GOLD

Istanbul Grand Bazaar, gold traded species, and the previous closing prices as of today (TL), as follows:
THURSDAY FRIDAY
Buying Selling Buying Selling Bazaar
24 Karat Gold Bullion (Gr.) 69.90 70.25 70.00 70.35
Ata Lira to the Republic of 464.00 470.00 465.00 472.00
22 Carat Bracelet (Gr.) 63.60 68.80 63.70 69.00
The Foundation for gold (5 Gr.) 349.59 353.08 349.35 352.63
Foundation's Gold (100 Gr.) 6991.88 7061.70 6986.99 7052.63
Lira Ziynet 445.90 459.65 445.58 459.33
Half Ziynet 222.60 230.82 222.44 230.66
Ziynet Quarter 111.30 115.91 111.22 115.83

NEW YORK STOCK EXCHANGE

New York Stock Exchange, the day began to decline.

The opening of the stock market, according to yesterday, the Dow Jones Industrial Index 0.1 per cent (12 points) dropped points decreased by 11,557.

On startup, the Standard & Poor's 500 Index by 0.1 percent (1 point) value, losing 1,257 points, the Nasdaq Technology Index is 0.1 percent (1.5 points) was decreased by 2,661 points.