Following the Federal Reserve’s interest rate decision, gold hit a new record. The price of one ounce of gold reached $3,064, marking the highest level in history. Meanwhile, one gram of gold was traded at 3,722 Turkish Liras. Gold broke records after the Federal Reserve kept its policy interest rate unchanged at 4.25-4.50%. The decision was made by an 11-1 majority vote. Expectations of a U.S. interest rate cut and increased demand for safe-haven assets contributed to the rise in gold prices. Starting the day on an upward trend, the price of gold saw a record peak at $3,064 per ounce before stabilizing around $3,050. Due to rising economic uncertainties, the Federal Reserve is expected to cut interest rates by 50 basis points this year. Escalating geopolitical tensions were observed as Israel resumed ground attacks in Gaza, while the U.S. continued its attacks on Houthi targets in Yemen. Additionally, U.S. President Donald Trump met with Ukrainian leader Volodymyr Zelensky for the first time since their controversial Oval Office conversation, stating, “Just had a very good phone call.” Furthermore, new U.S. customs tariffs will come into effect in April, raising concerns about the inflationary effects of Trump’s tariff policy. As for the price of gold in grams and quarters, an upward trend is evident. With the influence of rising gold prices, the dollar exchange rate, and gold per ounce, gram gold had reached 4,000 liras yesterday. After selling pressure from this level, gram gold fell below 3,700 liras and is now trading at 3,722 liras. Quarters of gold, on the other hand, are finding buyers at 6,075 liras.