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New Historical Peak in Gold | How Much are Gold Prices? How Much are Gram Gold and Quarter Gold Prices Today? Current Gold Exchange Rates on September 26, 2024

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Gold prices draw interest from investors. Research is being conducted to determine the current prices of gram gold and quarter gold. So, how much are gold prices today? How much are the prices of gram and quarter gold today? The current quarter gold exchange rates on September 26, 2024…

Current status of quarter gold prices…

The ongoing tension in the Middle East and the interest rate reduction period initiated by the US continue to support gold.

The price of an ounce of gold has exceeded $2,680, reaching the all-time highest level. Currently, the price of an ounce of gold stands at $2,662.

Domestically, gram gold hit its all-time high at 2,950 Turkish Liras.

The price of a quarter gold is at 4,794 liras, and the price of a Republic gold coin is at 19,600 liras.

Global markets, while trending positively before the statements of Jerome Powell, President of the Federal Reserve, also center around the growth data to be announced in the US. The expectation remains strong that the Fed will cut interest rates by 75 basis points until the end of the year, and a 50 basis point rate cut is predicted in November with a 61% probability. Recession concerns in the US economy and increasing tension in the Middle East continue to support the demand for safe haven assets, as Powell’s signals from today’s statements are expected to be influential on market direction. Analysts stated that today, domestically, the summary of the Monetary Policy Committee (MPC) of the Central Bank of the Republic of Turkey (CBRT) with weekly money and bank statistics and internationally, growth in the US, durable goods orders in the US, statements from Fed chairman Jerome Powell, and European Central Bank (ECB) President Christine Lagarde will be followed. From a technical perspective, it was reported that resistance levels for the price of an ounce of gold are at $2,670 and $2,690, with $2,600 serving as a support level.

REAL-TIME QUARTER GOLD PRICES

QUARTER GOLD

Quarter gold is the smallest member of the jewelry group. It is commonly known among the public as small gold. HOW MANY GRAMS IS A QUARTER GOLD? Gold gains value based on their weights. A quarter gold is 18 carats with a thickness of 22 mm. A quarter gold weighs 1.75 grams. The actual gold weight in a quarter gold is calculated as 1.635 grams. ARE HANDLE QUARTER GOLD PIECES MORE EXPENSIVE? Quarter gold is used both as jewelry, ornament, and as an investment tool. Quarter gold pieces intended as gifts usually have handles. Quarter gold pieces preferred for investment purposes do not have handles. The actual gold content in a quarter gold does not include the handle. The handles on quarter gold pieces are not made of gold.

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