Gold prices are a topic of interest for investors. People are researching today’s prices for a gram of gold and a quarter of gold. So, how much are gold prices? How much is a gram of gold and a quarter of gold today? Update on the gold rate as of October 4, 2024…

Current status of the quarter of gold prices…

After the release of non-farm payroll data in the US today, gold prices initially fell in reaction.

Before the data was announced, the price of an ounce of gold was at $2,657, dropping to $2,638 after the release of the US non-farm payroll data.

Gold per gram is trading at $2,904 after starting the day with a rise. A quarter of gold is sold at $4,754, and a Republic gold is sold at $19,822.

US NON-FARM PAYROLL DATA EXCEEDS EXPECTATIONS

The September figures for non-farm payrolls, critically significant for the path of monetary policy in the US, have been revealed.

In September, non-farm employment in the US increased by 254,000, exceeding expectations, while the unemployment rate fell from 4.2% to 4.1%.

Global markets are cautiously watching the situation as tensions in the Middle East and data releases in the US provide mixed signals about economic activity.

In market pricing, the expectation for a 75-basis-point cut by the Federal Reserve to end the year remains strong, while a 25-basis-point interest rate cut in November is predicted with a probability of 66%. Julie Kozack, the spokesperson for the International Monetary Fund (IMF), expressed that the escalating conflicts in the Middle East increase risks and uncertainties, potentially holding significant economic consequences for the region and beyond. US President Joe Biden left the possibility of Israel attacking Iranian oil facilities by saying, “We are discussing this right now.” Analysts reported that technically, the support level for gold’s ounce price today is at $2,630, with resistance at $2,680.

REAL-TIME QUARTER OF GOLD PRICES

QUARTER OF GOLD

The quarter of gold is the smallest member of the gold ornament group. It is colloquially referred to as small gold. HOW MANY GRAMS IS A QUARTER OF GOLD? Gold gains value based on its weight. A quarter of gold is 18 mm thick and is 22 carats. A quarter of gold weighs 1.75 grams, while the pure gold weight in a quarter is calculated to be 1.635 grams. ARE HANDLED QUARTER OF GOLDS MORE EXPENSIVE? The quarter of gold has been used as jewelry, ornamental items, and investment vehicles. Quarter of gold coins intended as gifts come with handles. Those chosen for investment purposes come without handles. The pure gold content of a quarter does not include the handles. The handles on a quarter of gold are not made of gold.