Gold prices are dynamic, fluctuating with the forces of supply and demand.Our gold pricing table gives you the latest spot gold prices in Turkey by ounce, gram or kilogram. Prices are updated throughout the day to reflect the most recent changes in the market.
Live gold prices for Turkey are shown in Turkish Lira. Live gold prices are set by market participants in major commodity market trading centers including Tokyo, London and New York. Gold prices are updated each minute so that you’re always getting the latest gold prices.
Today's Price for Gold in Turkey
- 24K
- 22K
- 18K
- 14K
- 10K
| Gold Spot Prices | Today | Change |
|---|---|---|
| 24KGold Price per Ounce | 76,911 TL | 193.22 |
| 24KGold Price per Gram | 2,472.74 TL | 6.2123 |
| 24KGold Price per Kilogram | 2,472,740 TL | 6,212.31 |
Turkey Gold Price Chart
- Ounce
- Gram
- Kilogram
Our gold price chart for Turkey shows gold prices in Turkish Lira for the last year. Prices are displayed in multiple units of measurement including ounces, grams and kilograms.We also give you the option of viewing gold prices by purity level (24K, 22K, 20K, 14K and 10K).
Historical gold price data can be helpful when you're tracking trends and evaluating past performance.
- 24K
- 22K
- 18K
- 14K
- 10K
This chart shows the price of one ounce of gold in Turkey (Turkish Lira) for the last year.The chart is showing prices for 24K gold.
The average price per ounce of gold in the last year was 60,115 TL.
The highest price per ounce of gold in the last year was 78,310 TL on May 20, 2024.
The lowest price per ounce of gold in the last year was 45,289 TL on June 7, 2023.
The price per ounce of gold isup +69.40% in the last year.
Yearly Gold Prices in Turkey
- 2024
- 2023
- 2022
- 2021
- 2020
- 2019
- 2018
- 2017
World Gold Prices
Gold Price India
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Gold Price Saudi Arabia
Gold Price Qatar
Gold Price United Arab Emirates
Gold Price Oman
Gold Price Kuwait
Gold Price Sri Lanka
Gold Price Lebanon
Gold Price Bahrain
Gold Price Myanmar
Gold Price Hong Kong
Gold Price South Africa
Turkey Gold Prices - FAQs
What is the current gold price in Turkey?
The current gold price in Turkey is 76,911 TL per ounce.This price is up from 76,718 TL on June 6, 2024The current price of gold is up from 45,289 TL this time last year (2023-6-7).
What is the spot price of gold in Turkey?
The gold spot price is the current price at which immediate settlement ofa contract involving a specific number of lots or units of gold can be executed in the commodities market.The term "spot" refers to delivery of the commodity within two working days, as opposed to a futures contract in which deliveries and payments are deferred to a future date.The latest spot price for gold in Turkey is 76,911 TL per ounce.
How are Turkey gold spot prices calculated?
Turkey gold spot prices are calculated based upon supply and demand.There is no fixed mathematical formula to calculate spot prices for a commodity.The spot price is whatever the buyers and sellers are willing to agree upon for immediate settlementin both the global and Turkey commodity exchanges.
How often do gold prices change?
Commodities are traded in the global markets 24 hours a day, 5 days a week. Gold prices fluctuate throughout the day as traders take long and short positionsdepending on their business needs or investment strategies.
Why is gold expensive?
Gold is more expensive than most metals because many people own it as an investment.Gold is also used for jewelry as well as many other consumer and industrial goods.These many uses drive demand which causes the price to increase expensive becausethere is more demand for it in the commodities market than the available supply.
What affects gold prices in Turkey?
The price of gold is determined by the push and pull of supply and demand.When the demand for Gold in Turkey exceeds its supply, prices go up, and vice versa.
How much does one ounce of gold cost in Turkey?
The price of one ounce of gold in Turkey is 76,911 TL as of 2024-6-7 5:15 AM UTC.
What was the highest price of gold in Turkey in the last 8 years?
In the last 8 years, the highest price of gold in Turkey was 78,310 TL per ounce on May 20, 2024.
Are gold prices the same everywhere?
No. Gold prices vary from one market to another.Even though the difference in prices is usually not very large between different markets, advanced traders take advantageof small differences in gold prices to engage in arbitrage.
Why do gold prices fluctuate in Turkey?
The price of gold in Turkey is determined by supply and demand.If there is more demand than supply, prices go up.If there is more supply than demand, prices of gold in Turkey go down.Demand and supply are in turn affected by a number of macroeconomic and geopolitical factors.
How much gold should you own in your portfolio?
According to some experts, about 5-10% of your portfolio should be made up of commodities. Some experts advise that you diversify your commodity portfolio by adding a mix of commodities to it. However, you can invest more or less than the suggested 5-10% depending on your own appetite for risk. It’s usually a good idea to consult with a qualified investment professional before making investment decisions.
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