A significant rise in gold prices in Turkey
Turkey’s gold market saw a fresh rally as the gram price climbed above 4,800 lira and the quarter gold coin surpassed 8,000 lira. The rise is driven by the strengthening U.S. dollar and ongoing domestic economic uncertainty, fueling demand for gold as a safe haven.
Data shows gold prices have surged by over 60% since the beginning of the year, reflecting the impact of inflation and volatile markets, with gold continuing to serve as a key store of value for Turkish savers and investors.
