Record rise in gold prices! Gold has set a new record.

20.09.2024 11:22

The increase in gold prices shows no signs of stopping. With recent developments, gold prices have reached record levels. So, what is the current situation regarding gold prices? Here is the live gold price buying-selling table for September 20, 2024, along with the prices for grams, quarters, and other gold types...

After the interest rate cut by the Federal Reserve (FED), the record-breaking gold prices for both ounces and grams are rising again following profit realizations. The gram gold reached a record high of 2849 TL. The ounce gold also set a new record at 2600 dollars.

The FED lowered the interest rate by 50 basis points, bringing it down to 5 percent. The markets priced in the FED's interest rate cut move. Both ounce and gram gold reached record levels, but declines were observed after profit realizations.

Record rise in gold prices! Gold sets a new record

RECORD ON TOP OF RECORD

The ounce gold started the day at 2586 dollars. During the day, it reached a low of 2584 dollars and a high of 2600 dollars, setting a new record. Currently, it is trading at 2593 dollars. The 2600 dollar level had been a historical record.

The gram gold started the day at 2829 lira. During the day, it saw a low of 2825 lira and a high of 2849 lira, breaking the record. Currently, it is finding buyers at 2848 lira.

Record rise in gold prices! Gold has set a new record.

RECORD ON TOP OF RECORD

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