Gold prices are a matter of interest to investors. People are researching how much a gram of gold and a quarter of gold are today. So, how much are gold prices? How much is a gram of gold and a quarter of gold today? Current quarter gold exchange rates for November 6, 2024…

The global markets priced in the U.S. elections. Donald Trump won as the new president of the U.S. according to unofficial results.

Republican candidate Trump received 51.2% of the votes. Surpassing the required 270 delegate count for presidency, he obtained 277 delegates.

Following Trump’s victory, gold prices experienced a sharp decline. The price of an ounce of gold dropped to $2,680 with a 2.4% decrease. Prices for a gram and a quarter of gold followed the performance of the ounce of gold. A gram of gold changed hands at the level of 2,957 lira. Similarly, a quarter of gold was traded at 4,732 lira. Trump’s protectionist policies led to an increase in the dollar index. The dollar index surpassed the 105 level with a 1.89% increase. The index reached its highest level since July 2024. Economists believe that the implementation of Trump’s plans on immigration, tax cuts, and tariffs could create upward pressure on inflation and bond yields. It is also stated that Trump’s policies could elevate the dollar and put pressure on interest rate cuts by the U.S. Federal Reserve (Fed). Furthermore, tomorrow the Fed will announce its interest rate decision. It is expected that the bank will cut its policy rate by 25 basis points.