Sharp drop in gold prices ahead of Fed interest rate decision
Amid market volatility ahead of the US Federal Reserve's (Fed) interest rate decision, gold prices showed a downward trend on October 28, 2026.
The downward trend observed in the gold market ahead of the Fed's upcoming interest rate decision has caused investors to closely monitor current prices. As of October 28, 2026, declines were recorded in the prices of gram, quarter, half, full, and Ata gold.
According to data recorded on October 28, 2026, gram gold is trading at a buying price of 6,487.59 TL and a selling price of 6,488.50 TL. Quarter gold stands at buying levels of 10,322.50 TL and selling levels of 10,558.61 TL.
While half gold takes its place in the market with a buying price of 20,580.49 TL and a selling price of 21,117.23 TL, full gold finds buyers at a buying price of 43,206.00 TL and a selling price of 43,719.00 TL. Ata gold prices were determined as 42,580.33 TL for buying and 43,655.19 TL for selling.
Sources
- yenisafak.com · Link