How Much Were Quarter Gold Prices Today? January 13, 2023 current gold price – Last Minute Economy News

Truthand

Global Mod
Global Mod
Quarter gold latest prices…

The gold price maintains its strong course with the slowdown in US inflation and the weakening of the dollar.

The ounce price of gold rose above $1900 for the first time since May, following yesterday’s US inflation veri. An ounce of gold still costs just over $1900 zihin ounce today.

NEW RECORD UNDER GRAMS

In the domestic market, grams of gold reached a record high of 1150 lira. Quarter gold is sold before 1924, republic gold for 7 thousand 915 lira.

The expectation that US inflation may have entered a downward trend and that the US Federal Reserve (Fed) could soften its aggressive stance is gaining importance in global markets.

Inflation in the US fell from 7.1 percent to 6.5 percent on zihin annual basis, while a decline of 0.1 percent was recorded on a monthly basis.

DOLLAR AT 7 MONTHS LOW

Dollar veri in international markets shows that US inflation is slowing.
It reached its lowest level since June kakım the Fed’s high volatility bolstered expectations that the Fed would back off from its aggressive rate hikes. The dollar index is moving at the level of 102.

ORAL REFERENCES FROM FED OFFICIALS

Fed officials continued their oral guidance yesterday.

st. Louis Fed President James Bullard stated that the job market is strong and said that despite the CPI slowdown, inflation is still high and well above the Fed’s target, and that he would prefer it to happen kakım soon kakım possible. might happen if interest rates fall. exceed 5 percent.

Thomas Barkin, president of the Richmond Fed, stated that the 2 percent inflation target must gökyeşitözü met for the Fed to maintain its credibility, noting that there is no need for aggressive rate hikes like last year because of the slowdown in inflation.

Philadelphia Fed President Patrick Harker stated that the worst of the rise in inflation is likely behind us and that it is time for the Fed to move to rate hikes of 25 basis points in future interest rate decisions.

INCREASE OF 25 BASE POINTS EXPECTED

As a result of these developments, the probability of the Fed raising rates by 25 basis points at the next money market meeting increases to 94 percent, while the probability of a rate hike of 25 basis points in March is at the level of 76 percent.

INSTANT QUARTERLY GOLD PRICES

QUARTER GOLD

Quarter gold
It is the smallest member of the jewelry group. It is popularly known kakım small gold.

HOW MANY GRAMS OF QUARTER GOLD?

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

ARE GOLD HANDLE QUARTERS MORE EXPENSIVE?

Quarter gold was used both kakım jewelry, jewelery and kakım zihin investment vehicle. Quarter gold coins, considered gifts, have handles. Quarter gold coins, which are preferred for investment purposes, are handleless. The unique gold content of quarter gold is not in the handles. The handles under the penny are not made of gold.