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Gold Prices Today? How much is a Gram of Gold? October 22, 2024 Gold Rates

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Investors are curious about gold prices. They are researching 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 rates on October 22, 2024…Gold prices reached near their peak due to the upcoming US presidential elections and ongoing conflicts in the Middle East. Today, gold traded at $2,735, up by 0.55%. Gold had hit a historic high of $2,740 yesterday. Gram and quarter prices moved parallel to the performance of gold. Gram gold found buyers at around 3,007 Turkish Liras. Quarter gold also changed hands at the level of 4,808 Turkish Liras. Investors took a cautious position ahead of the upcoming US elections and turned to safe haven assets. MARKETS PRICING IN TRUMP Global markets began pricing in the possibility of Donald Trump winning the presidential elections in the US. It is predicted that Trump’s tax and trade policies will be inflationary, leading to higher interest rates in the US. Experts foresee that Trump’s trade policies will also put pressure on other currencies. With expectations rising that former US President Donald Trump could win the presidential election on November 5, the dollar gained value. The dollar index remained close to the 104 level.

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