25.11.2025 10:40
After the dovish statements from Fed officials, the probability of an interest rate cut in December rose to 81%, leading to a rapid increase in gold prices. The price of gold reached its highest level in the last two weeks at $4,156 per ounce, while the price of gold per gram increased by 171 TL in one day, reaching 5,657 TL.
Gold prices have risen again following recent signals from Federal Reserve (Fed) officials regarding interest rate cuts. The increased likelihood of a rate cut in December has created a strong upward movement in both spot and gram gold. Markets have been focused on statements from Fed members since last week. As a result of guiding statements, demand for safe havens has increased among investors.
SPOT GOLD REACHED 4,156 DOLLARS
Following statements from the U.S., spot gold rose to 4,156 dollars during the night, marking its highest value since November 14. As of 08:14 in the morning, spot gold is trading at 4,145 dollars.
SHARP RISE IN GRAM GOLD
The rise in spot gold and the limited increase in the dollar/TL exchange rate have also reflected in gram gold. As of 08:16 in the morning, gram gold is at 5,657 TL. Gram gold, which fell to 5,500 TL yesterday, has drawn attention by rising 171 TL in just one day. The difference between official gold prices and Grand Bazaar prices continues. In the Grand Bazaar, gram gold is sold for 5,877 TL.
FED'S MESSAGES MOVED THE MARKET
The most important statement of the week came from Fed Governor Christopher Waller. Waller stated that the labor market is weak enough to justify a quarter-point interest rate cut in December. However, he also emphasized that subsequent steps would depend on the delayed data flow due to the government shutdown. New York Fed President John Williams had indicated last Friday that U.S. interest rates could decrease in the near term.
CRITICAL U.S. DATA TO BE RELEASED THIS WEEK
Critical U.S. data that were postponed due to the government shutdown — retail sales, unemployment claims, and producer prices — are expected to be released this week. These data will play an important role in determining the Fed's decisions and the direction of gold. The upward trend in the gold market is expected to be shaped by the upcoming data flow and Fed messages.