17.10.2025 10:28
The rise of gold shows no signs of slowing down. While the global market sees record highs for the ounce price, in Turkey, the price of gram gold has surpassed 5,900 lira, and the quarter gold has exceeded 10,000 lira.
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The rise of gold shows no signs of slowing down. While the spot price is setting new records in global markets, the price of gold per gram in Turkey has exceeded 5,900 lira, and the quarter gold has surpassed the 10,000 lira level.
GLOBAL TENSIONS SUPPORTING THE RISE
The renewed escalation of trade tensions between the US and China, the risk of a shutdown of the US federal government, and increasing expectations for interest rate cuts have directed investors towards safe havens. With these developments, gold prices have reached historic peaks.
In global markets, spot gold has risen to 4,381 dollars, breaking records. As of 06:00 AM Turkish time, the spot price is trying to stabilize at around 4,345 dollars, with a weekly increase rate reaching 8.2%.
THE STRONGEST WEEK IN 5.5 YEARS
This rise in gold has been recorded as the sharpest weekly increase since March 2020. In the week of March 23, 2020, spot gold gained 8.5% in value. Currently, the spot price is also notable for its uninterrupted rise over the past 9 weeks.
HISTORIC LEVEL IN GRAM GOLD
As of October 17, 2025, the price of gram gold reached 5,910 TL, marking the highest level ever. In the morning hours, the gram price continues to trade around 5,888 TL.
QUARTER GOLD HAS SURPASSED 10,000 TL
Busy hours are being experienced in the Grand Bazaar. While gram gold is being bought and sold in the range of 6,125 – 6,200 TL, quarter gold has crossed the 10,000 TL threshold for the first time in history. In jewelers, quarter gold is being traded in the range of 10,040 – 10,145 TL.
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