18.09.2025 08:20
The U.S. Federal Reserve lowered the policy interest rate by 25 basis points, bringing the upper band to 4.25%. Following this decision, gold prices surged to a historic high of $3,703 per ounce. However, increasing selling pressure, triggered by Fed Chairman Powell's speech, caused the record levels to retreat.
The Federal Reserve (Fed) announced the interest rate decision that the markets were eagerly awaiting. The bank reduced the policy interest rate by 25 basis points, bringing the upper band down to 4.25 percent. This step was not surprising to the markets following the recent macroeconomic data.
GOLD REACHED A PEAK, THEN RETREATED
After the decision, the ounce of gold rose to 3,703 dollars yesterday, renewing its historical peak. However, with Fed Chairman Powell's speech, the records gave way to a pullback. Following this announcement, the ounce of gold fell to 3,659 dollars.
DOLLAR INDEX AT A TWO-MONTH LOW
After the interest rate cut, the dollar index also fell sharply. The index lost 0.7 percent, dropping to 96.5, marking its lowest level since July 1. Today, however, it is trading at 96.3, with a slight recovery of 0.1 percent.
CURRENT GOLD PRICES (SEPTEMBER 18, 2025)
Gram Gold: 4,857.67 TL – 4,858.18 TL
Ounce Gold: 3,658.42 USD – 3,658.73 USD
Quarter Gold: 8,099 TL – 8,172 TL
Half Gold: 16,195 TL – 16,352 TL
Full Gold: 31,983.73 TL – 32,604.87 TL
Republic Gold: 32,290 TL – 32,603 TL
Ata Gold: 32,983.22 TL – 33,805.05 TL