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Gold Market Report

Turkey Gold Market Report

Independently researched coverage of the Turkey gold market, last verified Aug 30, 2026. 24K gold is currently TRY 6,912.40 per gram.

See the live gold price page for Turkey

Research coverage

4 of 4 research sections published for Turkey.

  • About this market
  • Market notes
  • Buying guide
  • Tax & duty notes

Gold Price by Purity

Live prices in TRY.

PurityPer gPer oz tPer tolaPer kg
24 karat (999.9)TRY 6,912.40TRY 214,999.79TRY 80,624.92TRY 6,912,403.86
22 karat (916.7)TRY 6,337.23TRY 197,110.02TRY 73,916.26TRY 6,337,234.34
21 karat (875)TRY 6,048.96TRY 188,143.63TRY 70,553.86TRY 6,048,958.27
18 karat (750)TRY 5,184.82TRY 161,265.97TRY 60,474.74TRY 5,184,821.38
14 karat (583.3)TRY 4,032.41TRY 125,421.92TRY 47,033.22TRY 4,032,408.41
10 karat (416.7)TRY 2,880.69TRY 89,599.37TRY 33,599.77TRY 2,880,686.76

Trend

Last 3 months

Per gram · TRY

Change
+9.21%
Low
TRY 6,256.91
High
TRY 7,259.96

Historical data is presented from the site's retained market samples and daily rollups.

View full history →

About the Turkey gold market

Turkey has a distinctive relationship with gold. The World Gold Council describes gold as embedded in Turkish life and notes its role in weddings and religious life, while generations of savers have also used gold as a hedge against inflation and currency weakness.

Read the full section on the live price page →

Market notes

KmalServico uses gram as Turkey’s primary weight. The Turkish market also uses millesimal fineness terminology such as 916, 875 and 585 alongside karat descriptions. LBMA’s Turkish gold-market study documents this milyem system and notes that jewellery manufacturers commonly measure gold-related margins by grams.

Read the full section on the live price page →

Buying gold in Turkey

Check whether the quotation is for gram gold, jewellery or another product, then match the fineness before comparing numbers. In Turkey, 22K jewellery and high-fineness investment products can serve different purposes, so a single gold price should not be treated as a universal retail quote. KmalServico’s live gram table is the neutral reference point for the metal component.

Read the full section on the live price page →

Tax & duty notes

Turkey's VAT (20% standard rate) doesn't apply to a jewellery sale in full -- jewellers calculate the pure gold content using the same milyem fineness system already used for gram-gold pricing, and only the portion of the price above that bullion value is taxed. Standard investment bullion itself carries no VAT at all, since there's no non-bullion margin left to tax.

Related markets

Turkey's immediate sub-region doesn't list enough markets on its own, so this also includes other Middle East countries.

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Gold terminology for this report

Methodology

How we calculate the price

  • We fetch the international spot gold price (XAU/USD) live from gold-api.com + xaus.com, with automatic failover between providers.
  • The spot rate is converted into the local currency using live exchange rates from exchangerate-api.com, then scaled by purity (24K, 22K, 18K…) and by weight (gram, tola, ounce, kilogram, baht).
  • The result is the pure spot value. Retail counters may add dealer premium, tax and making charges — the number here is the underlying benchmark.