Gold hit a record high after the Fed’s interest rate decision. The price of an ounce of gold reached $3,064, marking the highest level in history. Meanwhile, the price of a gram of gold traded at 3,722 Turkish lira. Following the Federal Reserve’s decision to keep the policy interest rate unchanged at a range of 4.25-4.50%, gold prices soared. The decision was made with 11 votes in favor and 1 against. The rise in gold prices was influenced by expectations of a U.S. interest rate cut and increased demand for safe-haven assets. Starting the day on an upward trajectory, the price of an ounce of gold hit a record high at $3,064 before stabilizing around $3,050. It is expected that the Federal Reserve will cut interest rates by 50 basis points this year amid rising economic uncertainty. Meanwhile, Israel’s resumption of ground attacks in Gaza escalated geopolitical tensions, while the U.S. continued its attacks on Houthi targets in Yemen. Furthermore, after the controversy in the Oval Office, U.S. President Donald Trump and Ukrainian leader Volodymyr Zelensky met for the first time, with President Trump stating, “I just had a very good phone call.” Additionally, new U.S. customs tariffs will come into effect in April, raising concerns about the inflationary effects of Trump’s tariff policy. In the realm of grams and quarters of gold, a rise is also witnessed. The price of a gram of gold reached 4,000 Turkish lira amidst the rise in the price of an ounce of gold and the U.S. dollar/Turkish lira exchange rate. However, after selling from this level, the price of a gram of gold fell below 3,700 Turkish lira and is currently trading at 3,722 Turkish lira. A quarter of gold can be purchased for 6,075 Turkish lira.