Gold Prices Started the Day with a Decline: Current Gold Figures for October 21, 2026

As of the morning hours on October 21, 2026, spot gold traded at $4,124.10 per ounce, experiencing a 0.02 percent decrease compared to its previous close. In the domestic market, gram gold found buyers at 6,572 TL, quarter gold at 10,764 TL, and Cumhuriyet gold at 42,918 TL.

Spot gold traded between $4,119 and $4,124.10 per ounce as of 07:15 on October 21. According to current domestic market data, gram gold stood at 6,572 TL, quarter gold at 10,764 TL, Cumhuriyet gold at 42,918 TL, half gold at 21,522 TL, full gold at 42,855 TL, and gremse gold at 107,467 TL. The buying price of gram gold was recorded at 6,519.36 TL, and the selling price at 6,575.25 TL.

Maritime transport risks in the Red Sea and threats to Saudi Arabia's oil infrastructure increase energy supply concerns, while expectations that rising oil prices could create inflationary pressures and prompt central banks toward tight monetary policy limit the rise in gold. Bas Kooijman, CEO of DHF Capital SA, stated that the increase in crude oil prices supports expectations that interest rates will remain high, creating pressure by raising the opportunity cost of non-yielding gold. The stabilization of the US dollar was also among the factors limiting demand.

Markets are closely monitoring the US Federal Reserve's (Fed) meeting on October 27-28 and the US Personal Consumption Expenditures (PCE) price index. According to CME FedWatch data, the probability of a rate hike at the October meeting is calculated at 16 percent, and for December at 90 percent. Ilya Spivak, Head of Global Macroeconomics at Tastylive, stated that if rate hikes priced in for next year fall below expectations, gold could find support again. Technically, it was noted that for gold's upward movement, the $4,147-$4,176 resistance zone must be broken, and if sustainability above this level is achieved, the $4,201 and $4,218 levels will be monitored.