NewsGold prices have started to fluctuate again ahead of the Fed meeting.

Gold prices have started to fluctuate again ahead of the Fed meeting.

Gold prices have started to fluctuate again ahead of the Fed meeting.

06.05.2025 09:01

Gold prices showed volatility ahead of the United States Federal Reserve (Fed) meeting. Two weeks ago, the safe haven, which made headlines with record highs, saw the ounce price rise again to reach 3,387 Turkish lira, while the gram price also hit 4,204 Turkish lira.

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In recent weeks, U.S. President Donald Trump's planned 145% tariffs on Chinese goods have caused investors to turn their attention to gold, which is seen as a safe haven. With this development, the price of gold per ounce exceeded $3,500 on April 22, reaching a historic peak. The sudden and sharp rise of the dollar has also affected the price of gold per gram, which has set a record at 4,300 lira.



Gold, which recorded an increase of over 2% in May, has started to rise again ahead of the U.S. Federal Reserve's interest rate decision. The Fed's interest rate decision is expected to be announced tomorrow.



FIRST TIME SINCE APRIL 22



Gold reached the level of $3,387 for the first time since April 22 during the day. Currently, the price of gold per ounce is trading at around $3,363. The price of gold increased by 2.1% in May and by 28% since the beginning of the year.



HERE IS THE PRICE OF GOLD PER GRAM



The price of gold per gram has exceeded 4,200 TL, reaching 4,204 TL. Currently, the price of gold per gram is finding buyers at the level of 4,174 TL.



THE SITUATION FOR OTHER TYPES OF GOLD IS AS FOLLOWS:



Quarter Gold: Buy - 6,868.00 TL / Sell - 6,936.00 TL



Half Gold: Buy - 13,736.00 TL / Sell - 13,873.00 TL



Full Gold: Buy - 26,632.03 TL / Sell - 27,158.10 TL



Republic Gold: Buy - 27,388.00 TL / Sell - 27,618.00 TL



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