Gold, which started to decline with the interest rate cut by the Central Bank after the records it broke in the free market, is traded below 5 thousand 700 TL on Thursday, October 30. The US Federal Reserve reduced the policy rate by 25 basis points to the range of 3.75-4 percent, in line with expectations. Since 29 October Republic Day is a public holiday, there are no transactions in the markets in Türkiye, while the effects of the FED interest rate decision are expected to be seen today. Here is the real-time tracking of gold and dollar prices…
GRAM GOLD PURCHASE PRICE: 5529.43 TL
GRAM GOLD SALES PRICE:
5663.27 TL
LIVE EXCHANGE PRICES 30 OCTOBER
◼US Dollar: 41.95 (Buy) – 42.05 (Sell)
◼EURO: 48.80 (Buy) – 49.00 (Sell)
◼STERLING: 55.27 (Buy) – 55.55 (Sell)
FED REDUCED INTEREST RATE BY 25 POINTS
The US Federal Reserve (Fed) reduced the policy rate by 25 basis points to the range of 3.75-4 percent, in line with expectations. In the statement made by the Fed, it was stated that the decision in question was taken by 10 votes to 2. In the statement, it was stated that Fed Board Member Stephen Miran voted against the 50 basis point interest rate cut, and Kansas City Fed President Jeffrey Schmid voted against it because he was in favor of keeping the policy rate constant. In the statement, it was stated that current indicators show that economic activity is growing at a moderate pace, and that employment increases have slowed down this year, the unemployment rate, although rising slightly, remained low until August, and newer indicators are also compatible with these developments. In the statement, it was stated that inflation has increased since the beginning of the year and still remains somewhat high.
GRAND BAZAAR GOLD PRICES 30 OCTOBER
▶Buying Gram Gold: 5528.5100₺
▶Gram Gold Sales: 5661.8500 ₺
▶Buying Quarter Gold: 9059.0000₺
▶Quarter Gold Sale:9236.0000₺
▶Buying Half Gold: 18115.0000₺
▶Half Gold Sale: 18459.0000₺
▶Buying Full Gold: 36118.0000₺
▶Full Gold Sale: 36118.0000₺
▶Buying Ata Gold: 36118.0000₺
▶Ata Gold Sales: 37784.0000₺
▶Buying a 22 Carat Bracelet: 5052.9000₺
▶22 Carat Bracelet Sales: 5341.6000₺
▶Buying Silver: 64.2200₺
▶Silver Sales: 68.2910₺
NOTE: Latest information on gold and exchange rates is Thursday, October 30 day 06.11 am taken as of .