Following the Federal Reserve’s interest rate decision, gold broke records. One ounce of gold reached the highest level in history at $3,064. Meanwhile, gram gold traded at 3,722 Turkish liras. Gold set records after the Federal Reserve kept its policy interest rate unchanged at 4.25-4.50%. The decision was made by an 11-1 vote. The rise in gold prices was influenced by expectations of a U.S. interest rate cut and an increased demand for safe havens. Starting the day with an incline, gold hit a record of $3,064, then stabilized around $3,050. With economic uncertainty growing, the Fed is expected to lower interest rates by 50 basis points this year. The restarting of Israel’s ground attacks in Gaza escalated geopolitical tensions, while the U.S. continued its attacks on Houthi targets in Yemen. Furthermore, U.S. President Donald Trump had his first meeting with Ukrainian President Volodymyr Zelensky after the Oval Office scandal, stating, “Just had a very good phone call.” New U.S. customs duties will come into effect in April, raising concerns about the inflationary effects of Trump’s tariff policy. In terms of grams and quarters of gold, their prices are also increasing. Yesterday, gram gold reached 4,000 liras due to the rise in ounce gold and the USD/TRY exchange rate. After selling at this level, gram gold dropped below 3,700 liras and is currently trading at 3,722 liras. Quarters of gold are being sold at 6,075 liras.