24.03.2026 12:40
After the sharp drop in gold prices, citizens flocked to jewelers. Long queues formed in the Grand Bazaar, and due to high demand, some jewelers ran out of gold. Some jewelers hung signs in their shops saying, "I swear there is none, I swear there is none."
The sharp decline in gold prices has increased the demand for physical gold. Citizens, seeing the prices as an opportunity, headed to the Grand Bazaar from the early hours of the morning, forming long queues in front of jewelers.
GRAM GOLD DROPPED TO 5,838 LIRA
In recent days, as the markets have shown noticeable fluctuations, the ounce of gold fell to 4,101 dollars, while the gram gold dropped to 5,838 lira. In the Grand Bazaar, gram gold was traded at around 6,200 lira.
NO GOLD LEFT IN JEWELERS
Jewelers, struggling with the increasing demand, stated that some products ran out quickly due to the crowd. It was reported that gold was unavailable in some places, and sales had come to a temporary halt. The ongoing crowd throughout the day revealed how much the demand for physical gold had increased.
THEY HUNG A SIGN IN THE SHOP: I SWEAR THERE IS NO GOLD
One of the addresses experiencing the crowd was the Erikli neighborhood in the Yıldırım district of Bursa. After the gold ran out quickly at a jeweler in the morning hours, the shopkeeper found a solution by hanging a sign on the shop window. Despite the sign saying, "I swear there is none," customers continued to insist, leading to amusing dialogues between the shopkeeper and citizens. Moments were captured on camera when a customer asked, "Is there really not even one gram?" and the jeweler replied, "No, brother, if there were, I would keep it for myself."
PRICE FLUCTUATIONS CONTINUE
On the other hand, sharp movements in gold prices continued. Following U.S. President Donald Trump's statement, "We will postpone attacks on Iran for 5 days," gold prices rose temporarily. The ounce of gold reached 4,516 dollars, while gram gold rose to 6,428 lira. However, this increase was not permanent. The ounce of gold fell back to 4,410 dollars, while gram gold dropped to 6,280 lira.
EXPERTS WARN
Experts point out that the volatility in the markets may continue, while stating that the demand for physical gold will remain high in the short term.