The gram price of gold started with a decrease.

The gram price of gold is trading at 2,573 lira after starting the day with a decrease. The gram price of gold, which fell to 2,595 lira due to the decrease in the price of gold yesterday, completed the day at 2,600 lira with a 0.57% decrease compared to the previous closing. The gram price of gold started the new day with a decrease and is currently at 2,573 lira, 1% below the previous closing, as of 10:30 am. At the same time, the quarter gold is sold at 4,277 lira and the Republic gold is sold at 17,041 lira.

The price of gold per ounce completed the day at $2,445, 0.55% below the previous closing, while it is currently trading at $2,417 with a 1.14% decrease compared to the previous closing. The continued uncertainty caused by the possible uncertainties created by the end of the hawkish policies of major central banks and the results of the US elections continues to dampen risk appetite in global markets.

On the other hand, it is stated that the macroeconomic data announced in the US has eased the policy area of the Federal Reserve (Fed). Yesterday, Chicago Fed President Austan Goolsbee stated that the bank may need to cut interest rates in the near future to prevent a sharper deterioration in the cooling labor market in recent months. Following these developments, expectations that the policy rate will be in the range of 4.50-4.75% at the end of the year increased to 49%, making it the most likely scenario, indicating that the Fed is expected to make 3 interest rate cuts.