How much were the quarter gold prices today? May 26, 2023 current gold rate prices – Last Minute Economy News

Quarter gold latest on prices…

Gold prices rose with the dollar’s slight decline from its two-month high, but it is preparing to close negative for the third week in a row, as the result of the US debt ceiling negotiations and the next step in the monetary policy of the Federal Reserve (Fed).

In international markets, the ounce price of gold in the spot market is around 1950 dollars.

In the domestic market, gram gold is sold for 1254 lira, quarter gold for 2 thousand 60 lira, republic gold for 8 thousand 330 lira.

Analysts stated that, technically, $1,950 and $1,940 per ounce of gold are in the support position, and $1,980 and $2,000 are in the resistance position.

The second round of the presidential election, which will be held on Sunday, is expected in the country.

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Developments to overcome the debt ceiling crisis in the USA are followed.

U.S. President Joe Biden and Speaker of the U.S. House of Representatives Kevin McCarthy are close to reaching an agreement to limit spending on most products and raise the $31.4 trillion debt ceiling for two years.

US Treasury Secretary Janet Yellen has warned that if the debt ceiling is not raised, the Treasury may become unable to make payments by June 1.

Analysts emphasized that the cash amount of the US treasury decreased from $ 76.5 billion to $ 49.5 billion yesterday, and stated that the expectations in the markets that the two sides can reach an agreement today are getting stronger.

On the other hand, the US economy grew by 1.3 percent in the first quarter of this year, above expectations. In the first quarter of the year, the increase in the personal consumption expenditures price index was recorded as 4.2 percent.

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After the aforementioned data, while the expectations that the bank may increase the interest rate by 25 basis points in the next month’s meeting in the pricing in the money markets exceeded 40 percent, it is predicted that if there is no interest rate increase in June, there will be an 84 percent probability of a 25 basis point increase in the July meeting.



Quarter gold It is the smallest member of the jewelery group. It is popularly known as little gold.


Gold gains value according to its weight. Quarter gold is 18 mm thick and 22 carat. A quarter gold weighs 1.75 grams. The weight of pure gold under a quarter is calculated as 1.635 grams.

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Quarter gold was used both as jewelry, jewelery and as an investment tool. Quarter gold coins, which are considered as gifts, have handles. Quarter gold coins, which are preferred for investment purposes, are handleless. The unique gold content of quarter gold is not included in its handles. The handles under the quarter are not gold.

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