Today’s Gold Prices: Gram and Quarter Gold Rates on April 4, 2024

Gold prices are wondered by investors. It is being investigated how much gram gold and quarter gold prices are today. So, what are the gold prices? How much are gram gold and quarter gold prices today?

Gold prices rose to a record level after the statements of US Federal Reserve (Fed) Chairman Jerome Powell. Powell emphasized that the recent rise in inflation does not change the general outlook.

An ounce of gold broke a record, rising to $2,300 after Powell’s statements.

Gram gold prices were affected by the developments in both ounce gold and Dollar/TL.

Gram gold started the day around ₺2,363 and Quarter gold changed hands for ₺3,873.

“The latest data do not materially change the overall picture of solid growth, a strong but rebalancing labor market, and inflation moving toward 2% on a sometimes bumpy road,” Powell said.

Gold gained 11% in value this year, as it was seen as a safe haven and with intensive purchases by central banks.

Investors will keep an eye on US employment data to be released on Friday.

US inflation figures to be announced next week will also be important in determining direction.

Source: NTV / Prepared by Irem Yildiz

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button