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Gold prices reach historic peaks: Gold per ounce has risen to $2,621.
Gold prices reach historic peaks: Gold per ounce has risen to $2,621.

23.09.2024 10:30

Economic fluctuations and uncertainties are positively affecting gold prices. The precious metal continues to reach all-time highs. Starting the week with a new increase, gold is trading at $2,621 per ounce, while gram gold is being bought at 2,876 Turkish lira.

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With the Federal Reserve (FED) of the United States lowering interest rates, the fluctuations in gold prices continue following the market's reflections. The gold prices reaching historic high levels are pleasing investors.



The day after the FED's interest rate decision, gold, which was showing an uncertain trend, began to make efforts to reprice with the decrease in credit interest rates in the markets. Historic high levels were reached in both ounce and gram gold.



With the Federal Reserve lowering interest rates, there has been a decrease in the yield of the dollar. Both the decrease in interest yield and the inflation of the dollar have started to push investors towards other investment instruments.



RECORD AFTER RECORD IS BROKEN



Ounce gold started the day at $2621. During the day, the lowest level seen was $2616, and the highest was $2631. Currently, it is trading at $2628. The historic record was $2631.



Gram gold started the day at 2876 lira. During the day, the lowest level seen was 2860 lira, and the highest was 2886 lira. Currently, it is finding buyers at 2883 lira. The historic record was 2886 lira.



HERE ARE THE CURRENT GOLD PRICES



Gram gold price



Buying: 2,885.7250



Selling: 2,885.2290



Quarter gold price



Buying: 4,617.9300



Selling: 4,719.3100



ONS gold price



Buying: 2,625.4200



Selling: 2,625.7700



Republic gold



Buying: 18,469.8700



Selling: 18,820.3400



Half gold price



Buying: 9,197.49



Selling: 9,438.49



Ata gold price



Buying: 19,387.41



Selling: 19,874.82



14-carat bracelet gram price



Buying: 1,584.12



Selling: 2,420.61



22-carat bracelet gram price



Buying: 2,669.69



Selling: 2,822.05



Jewelry gold price



Buying: 18,469.87



Selling: 18,819.26



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