Investors are curious about gold prices, particularly the rates for a gram and a quarter of gold today. So, how much are gold prices today? What are the rates for a gram and a quarter of gold? Current quarter gold prices on November 7, 2024… After the presidential elections, gold prices hit their lowest level in over three weeks due to the strengthening of the dollar. All eyes are now on the interest rate decision that the US Federal Reserve (Fed) will announce today. Gold bullion traded around $2,677 today, showing a 0.6% increase. The prices for a gram and a quarter of gold moved in parallel with the performance of gold bullion. A gram of gold changed hands at 2,949 Turkish lira, while a quarter of gold was priced at 4,716 lira. Investors analyzing the impact of Donald Trump’s re-election as US president are focusing on the messages of the US Federal Reserve’s monetary policy. The dollar index dropped by 0.54% today to 104.55, after hitting its highest level since July 2024 yesterday. Markets have already factored in a 25 basis point decrease in the policy rate by the Fed today, and expectations for a rate cut in December slightly decreased. The Bank of England reduced its policy rate by 25 basis points to 4.75%, in line with expectations. This marks the second interest rate cut by the bank this year.