Global markets are focused on the presidential elections in the United States and the Federal Reserve's interest rate decision.

In global markets, a mixed trend is emerging ahead of the presidential elections to be held today in the United States, as closely aligned poll results and political uncertainties complicate pricing.

As the presidential elections taking place today in the U.S. are closely monitored worldwide, recent polls indicate that Democrat Kamala Harris and Republican Donald Trump appear to have the same level of support at 48.5%.

As the countdown for the 60th presidential election in the U.S. comes to an end, nationwide polls indicate that Harris and Trump are neck and neck.

In the elections where candidates will try to reach 270 delegates, Trump is leading in 5 of the 7 swing states that will determine the fate of the elections, while Harris is slightly ahead in 2.

CANDIDATES' ECONOMIC ACTIVITIES TAKE CENTER STAGE

If Trump assumes the presidency for a second time, he aims to implement new tariffs, reduce taxes, and increase fossil fuel production; while Harris plans to follow policies that generally continue the Joe Biden administration, such as reducing costs and taxes for middle-class Americans.

FED'S DECISIONS WILL BE SIGNIFICANT

Analysts state that investors are avoiding taking risky positions ahead of the elections, noting that the interest rate decision to be announced by the U.S. Federal Reserve (Fed) on Thursday is also in focus for the markets.

Following the employment data released in the U.S. last week, market expectations for a Fed interest rate cut are maintained, and it is expected that the Fed will lower the policy rate by 25 basis points this week to a range of 4.50-4.75. The likelihood of another 25 basis point rate cut by the Fed in December is also priced in at 82%.

Analysts noted that signals from the policy text to be announced by the Fed on Thursday and comments from Fed Chairman Jerome Powell are expected to influence asset prices, while also indicating that clues regarding future policies will be sought.

CURRENT GOLD PRICES

SPOT GOLD

Spot gold started the day at $2732. During the day, the lowest level seen was $2724, and the highest was $2738. Currently, it is trading at $2734.

GRAM GOLD

Gram gold started the day at 3023 lira. During the day, the lowest level seen was 3009 lira, and the highest was 3023 lira. Currently, it is finding buyers at 3020 lira.

GRAM GOLD IN THE GRAND BAZAAR

In the Grand Bazaar, gram gold is being bought at 3088 lira and sold at 3131 lira.