01.03.2026 09:21
As regional tensions escalate following the killing of Iran's religious leader Khamenei in a US and Israeli attack, the demand for safe havens has increased alongside rising geopolitical risks, and the price of gold per gram has reached up to 8,250 TL, marking one of the highest levels in recent times.
As the conflict spreads to neighboring countries following the killing of Iran's religious leader Ayatollah Ali Khamenei in the attack by the US and Israel on Iran, rising geopolitical risks have led to sharp fluctuations in global markets. The demand for gold, seen as a safe haven, has quickly reflected in prices in Turkey.
RECORD BROKEN
The physical markets opened the week with a strong rise. Starting at around 7600 TL on Saturday morning, the gram gold rose to 8250 TL at jewelers with increasing purchases. This level has been recorded among the highest figures seen recently.
GRAM SILVER REACHED 155 LIRA
During the same period, silver prices continued to rise; gram silver reached up to 155 TL. With the opening of Asian markets on Sunday night, it is assessed that the upward movement in gold prices may continue.
Economists state that the rise in gold and silver will be shaped by military and political developments in the region in the medium and long term. It is noted that scenarios such as the possibility of Iran closing the Strait of Hormuz could exert additional pressure on commodity prices.