Gold Prices Today: Slight Dip After Record Highs, Markets Await Inflation Data
Gold prices experienced a minor pullback this morning following record-breaking gains, as markets anticipate potential interest rate cuts by the US Federal Reserve.The ounce price of gold, which reached a record $4381 late yesterday, is currently trading at $4305.
Yesterday, gram gold neared a record high of 5901 TL before settling at 5807 TL.A previous record for gram gold was set last Friday at 5905 TL.
Current Gold Prices (October 21, 2025, 08:45):
* Gram Gold: 6226 TL
* quarter Gold: 10173 TL
* Republic gold (Cumhuriyet Altını): 41686 TL
* Ounce Gold: $4305
Markets are pricing in a quarter-basis-point interest rate cut from the Fed this month, with further cuts expected in december. Investors are also closely watching for US inflation data, scheduled for release this Friday-delayed due to the US government shutdown-and monitoring ongoing trade tensions between the US and China.
