Turkey · Story · Markets
Gold Prices decline in Turkey amid Fed rate decisions
Gold prices in Turkey have fallen due to anticipation of and reactions to the Federal Reserve's interest rate decisions.
Running story — the local press covered it again on 29 October 2026.
The story so far as of 29 October 2026
On 21 October, gold prices in Turkey dropped to their lowest level of the week as investors anticipated the Federal Reserve's interest rate decision. This decline affected various gold products, including gram, quarter, and Republic gold. On 29 October, following the Fed's interest rate decision, gold prices continued to decline, impacting both international and local Turkish markets, with gram gold prices reflecting this downward trend.
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Coverage, day by day
- Markets
Fed Decision Lowers Gold Prices
Impact Gold investors and traders in Turkey see lower prices following the Fed's interest rate decision.
Sources: Cumhuriyet.com.tr: Son Dakika ↗, Yeni Safak ↗
- Markets
Gold prices hit weekly low amid Fed rate anticipation
Impact Gold traders and retailers in Turkey see reduced prices, impacting sales and inventory valuations.
Sources: Cumhuriyet.com.tr: Son Dakika ↗, Yeni Safak ↗
Sources in this story
Sources: each headline links to the original article on the publisher's site.