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  HOME PAGE 03/11/2024 09:39 
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The gold investor is seeking direction ahead of the FED's interest rate decision.

The gold investor is seeking direction ahead of the FED's interest rate decision.

15.10.2024 09:31

The activity experienced on the first day of the week has given way to stagnation. Gold prices, which are hovering near record levels, are awaiting the Federal Reserve's interest rate decision.

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The global inflation problem has created volatility in gold prices as investors shift their investments to different areas due to the high interest rate issue, while the expectation that the Federal Reserve (Fed) will enter a rate-cutting path and continue to lower interest rates has also contributed to this movement.



After the Fed's interest rate decision, gold, which broke records and attempted to reach new highs, has recently turned stagnant and bearish. Despite the conflict environment in the Middle East, gold has failed to gain strength, putting investors in a wait-and-see situation.



GOLD OUNCE



The gold ounce started the day at $2648. During the day, the lowest was $2643, and the highest was $2652. Currently, it is trading at $2644.



GRAM GOLD



The gram of gold started the day at 2918 lira. During the day, the lowest was 2898 lira, and the highest was 2923 lira. Currently, it is trading at 2913 lira.



GRAM GOLD IN GRAND BAZAAR



In the Grand Bazaar, gram gold is being bought at 3005 lira and sold at 3049 lira.



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