13.02.2025 09:51
After a series of record highs in gold prices, fluctuations continue. Investors and those following the economy have been focused on the Fed regarding gold prices. The Fed's indication of a future date for interest rate cuts has raised expectations for new record highs in gold prices.
For weeks, the safe haven gold has been breaking records one after another and is hovering close to new records. The expected announcement from the USA has increased the expectation of a record.
The American Central Bank announced last night that they will not rush to cut interest rates. Gold, which has been away from the record chart for 2 days, has started to move again with this news and the inflation forecast that came in higher than expectations. Experts commenting that the Fed's interest rate cut expectations have been pushed to December have further increased this volatility. Here is the latest situation in the safe haven:
GRAM GOLD PRICE
Gram gold started the day at 3367 lira. During the day, the lowest was 3366 lira, and the highest was 3390 lira. Currently, it is trading at 3388 lira.
ONS GOLD PRICE
Ons gold started the day at 2900 dollars. During the day, the lowest was 2900 dollars, and the highest was 2918 dollars. Currently, it is trading at 2917 dollars.
GOLD PRICE IN GRAND BAZAAR
In the Grand Bazaar, gram gold is being bought at 3429 lira and sold at 3469 lira.
NOTE: This news content is not investment advice.