17.02.2025 10:01
The continuous increase in the price of gold per gram in the new year is reducing the demand for the world-famous geographical indication Trabzon woven bracelets. With the rise in gold prices, the price of a woven bracelet set has reached up to 650,000 TL, while jewelers stated, "Citizens are trying to buy gold per gram instead of woven bracelets."
With the increase in the price of gold, the price of the Trabzon woven bracelet set has risen, reaching up to 650,000 TL. Jewelers emphasize that the best investment right now is in gold, noting that the demand for Trabzon woven bracelets is not what it used to be.
"WHEN PRICES ARE LIKE THIS, PEOPLE START TO AVOID WOVEN BRACELETS"
Zekeriya Tonyalı, a jeweler from Trabzon, stated that with the rise in the price of the Trabzon woven bracelet, citizens are now avoiding woven bracelets, saying, "Trump's election, pressure on the world economy, and increased taxes are further increasing the demand for gold. All economists and we believe that the price will be in the range of 4,000 to 4,500 in a short time. We advise citizens to buy gold because we think gold will gain much more value."
The lowest price for Trabzon woven bracelets is around 400-650 TL. When prices are like this, people start to avoid woven bracelets. Citizens are trying to buy gold or bracelets instead of woven ones. Woven bracelets are very difficult according to current prices. We have a price range of 400,000 to 650,000 TL for a woven bracelet set. A year or two ago, the price was around 150,000 TL, but now it has increased by two to three times. Currently, citizens are trying to buy gold or bracelets for investment purposes," he said.
"TRABZON WOVEN BRACELET IS AROUND 540,000 TL"
Levent Çelikoğlu, a jeweler, stated, "The Trabzon woven bracelet, along with 19 rows, five-strand necklaces, and earrings, is around 540,000 TL on average. Gold continues to please its investors as it keeps rising. The demand for woven bracelets is decreasing compared to the past due to the price. Citizens are investing more in gold."