Gold prices started the day with a decline: How much is gram, quarter and Republic gold today? Current gold prices as of Tuesday, October 20, 2026...

Gold prices decreased before the US Federal Reserve's (Fed) monetary policy meeting on October 27-28.

Gold Type Gold Price Gram gold 6,607 TL Quarter gold 10,801 TL Republic gold 43,064 TL Ounce gold 4,145 Dollars Half gold 21,595 TL Full gold 43,086 TL Gremse gold 108,046 TL

Spot gold lost 0.3 percent in value, falling to $4,126.84 per ounce.

US gold contracts for December delivery were traded at $4,146, down 0.3 percent.

EYES ON FED AND PCE DATA

The focus of investors is on the Fed's meeting next week and the Personal Consumption Expenditures (PCE) price index, which is closely watched in terms of the inflation outlook in the USA.

The Fed increased the policy rate by 25 basis points to the range of 3.75-4.00 percent in September.

According to CME FedWatch data, markets give an 83 percent probability that the Fed will keep interest rates steady at its October meeting.

The probability of an interest rate increase in December is priced at 94 percent.

INTEREST RATE INCREASE SIGNAL FROM THE CENTRAL BANK OF JAPAN

Bank of Japan Governor Kazuo Ueda also stated that core inflation is very close to the 2 percent target and pointed out that interest rates could be increased further.

The expectation that interest rates will remain high on a global scale puts pressure on prices by increasing the opportunity cost of holding gold, which does not provide interest income to its investors.

TENSION IN WEST ASIA CONTINUES

Geopolitical risks are among the factors limiting the decline in gold.

Claims of attacks by Iran-backed Houthis in Yemen against energy facilities, airports and military targets in Saudi Arabia keep the tension in West Asia on the agenda.

SILVER AND PALLADIUM DECREASED

A downward trend was also observed in other precious metals.

While spot silver lost 0.7 percent to $56.69 per ounce, palladium dropped 0.7 percent to $1,112.08.

Platinum remained flat at $1,639.65 per ounce.