"Sharp fluctuations in gold prices following the interest rate decision."

19.12.2024 09:41

The Fed announced its final interest rate decision of the year and, in line with expectations, implemented a 25 basis point rate cut. While the interest rate decision met market expectations, the Fed officials' reduction of their forecast for four rate cuts in 2025 to two in September caused fluctuations in the markets. The price of gold per ounce fell by 1.3% in one hour, reaching its lowest level in the last month.

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The Federal Reserve (Fed) has made a 25 basis point interest rate cut in line with expectations. The price of gold per ounce, which was trading at $2,639 before the decision, fell to $2,604 after the announcement. The gold price decreased by approximately 1.3% within an hour and reached its lowest level in the last month.



LAST STATUS OF GOLD PRICES!



The Fed announced its last interest rate decision of the year and made a 25 basis point interest rate cut in line with expectations. Although the interest rate decision met market expectations, the Fed officials, who were expecting 4 interest rate cuts for 2025 in September, reduced this expectation to 2, causing fluctuations in the markets.



Before the decision, the price of gold per ounce was trading at $2,639, and after the announcement, it fell to $2,604. The gold price decreased by approximately 1.3% within an hour and reached its lowest level in the last month.



The gram of gold is trading at 2,942 lira today, while the quarter gold is trading at 4,808 lira.



GRAM GOLD PRICE



Buy: 2,941.7960



Sell: 2,942.2020



GOLD/OUNCE PRICE



Buy: 2,584.3200



Sell: 2,586.3900



QUARTER GOLD PRICE



Buy: 4,705.0700



Sell: 4,808.9400



REPUBLIC GOLD PRICE



Buy: 18,821.1700



Sell: 19,176.9300



FULL GOLD PRICE



Buy: 19,173.00



Sell: 19,564.00



HALF GOLD PRICE



Buy: 9,385.63



Sell: 9,622.49



JEWELRY GOLD PRICE



Buy: 18,830.11



Sell: 19,186.12



ATA GOLD PRICE



Buy: 19,896.18



Sell: 20,396.22



14 CARAT BRACELET GRAM PRICE



Buy: 1,609.77



Sell: 2,449.85



22 CARAT BRACELET GRAM PRICE



Buy: 2,711.38



Sell: 2,864.78



GREMSE GOLD PRICE



Buy: 47,857.00



Sell: 48,676.00



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