20.03.2025 09:51
Gold prices have experienced renewed movement following recent news from the United States. After the Federal Reserve (Fed) decided to keep interest rates unchanged, prices reached a new record. Starting the day with an increase, gold per ounce hit a record high of $3,064 before stabilizing around $3,050.
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The news that gold investors have been waiting for came from the United States. Gold reached a record high after the Federal Reserve's (Fed) interest rate decision. The Fed kept the policy rate unchanged, maintaining it in the range of 4.25-4.50%. The decision was made with 11 votes against 1.
GOLD SET A NEW RECORD DUE TO THE FED'S IMPACT
Gold prices started the day with an increase, with the ounce of gold reaching a record of 3,064 dollars before stabilizing around 3,050 dollars. The Fed, which pointed out that economic uncertainty is increasing, is expected to lower interest rates by 50 basis points this year.
The intensification of global trade wars, Israel's resumption of ground attacks in Gaza, and rising geopolitical tensions have escalated the situation. The U.S. has also continued its attacks on Yemen. Additionally, new tariffs from the U.S. will come into effect in April. Concerns about the inflationary effects of Trump's tariff policy are increasing.
GRAM GOLD PRICES
Gram gold started the day at 3,718 lira. During the day, the lowest level seen was 3,704 lira, and the highest was 3,735 lira. Currently, it is being bought at 3,716 lira.
GRAM GOLD PRICES IN THE GRAND BAZAAR
In the Grand Bazaar, gram gold is being bought at 3,661 lira and sold at 3,767 lira.
OUNCE GOLD PRICES
Ounce gold started the day at 3,048 dollars. During the day, the lowest level seen was 3,045 dollars, and the highest was 3,064 dollars. Currently, it is being traded at 3,049 dollars.
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