Grand Bazaar Gold Price Update: Gram of Gold Rate Revealed

The latest situation in gold prices has seen a slight increase in the price of an ounce, with the markets focusing on the upcoming Federal Reserve meeting. The meeting, scheduled to conclude tomorrow, is expected to address the possibility of interest rate reductions, with Fed Presidents signaling their anticipation of at least three reductions in 2024.

In light of these developments, the price of an ounce of gold is currently trending at around $2035. Meanwhile, in the domestic market at the Grand Bazaar, the buying price for a gram of gold is at 2038 TL, while the selling price stands at 2067 TL. Quarter gold is being bought for 3349 TL and sold for 3426 TL, full gold is being bought for 13316 TL and sold for 13539 TL, and Ata gold has a buying price of 13686 TL and a selling price of 13890 TL.

As the markets eagerly await the outcome of the Federal Reserve meeting, these latest developments have led to a slight increase in the price of gold, both internationally and in domestic markets. The future decisions made by the Fed are sure to have a significant impact on gold prices in the coming months.

 

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