Turkey · Story · Markets
Gold Prices decline in Turkey amid Fed rate decisions
Gold prices in Turkey have fallen significantly due to anticipation and reaction 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 October 21, 2026, gold prices in Turkey hit a weekly low as investors anticipated the Federal Reserve's interest rate decision, leading to increased selling pressure. Following the Fed's decision on October 29, 2026, gold prices continued to decline, affecting both international and local markets, particularly gram gold prices.
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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.