Investors are curious about gold prices. They are investigating how much a gram of gold and a quarter of gold cost today. So, how much are gold prices? How much are a gram of gold and a quarter of gold today? Current quarter gold exchange rates for October 3, 2024…Gold prices traded flat today. Investors focused on the employment data expected from the United States along with developments in the Middle East. Today, gold traded around $2,651 with a 0.2% decline. Gram and quarter prices followed the performance of gold. Gram gold found buyers at 2,911 Turkish Lira. The quarter gold also changed hands at the level of 4,768 Turkish Lira. CONFLICTS INTENSIFY IN THE MIDDLE EAST. Israel continues its air strikes against Lebanon. Three major explosions occurred tonight in Beirut. The targeted point was reported to be a health center belonging to Hezbollah. Hezbollah also targeted military points and the city of Haifa in Israel with missiles. Israel announced that the War Cabinet decided to respond strongly to Iran. U.S. EMPLOYMENT DATA IS EXPECTED. Markets focused on the employment data to be announced in the United States tomorrow. Clues will be sought from the non-farm employment data about the size of the Fed’s future interest rate cuts. The number of first-time applicants for unemployment benefits in the week ending September 28 rose to 225 thousand, exceeding expectations. The probability of the Fed making another 50 basis point interest rate cut at the meeting in November is priced at 36%. Last week, this possibility was priced at 60%. By the end of the year, a 70 basis point interest rate cut is expected.
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