An ounce of gold fell to the lowest level of the last two months to 1930 dollars. The decrease in ounce was also reflected in gram gold. Gram gold is traded at 1358 liras in the Grand Bazaar.

Türkiye left the election atmosphere behind. Markets started the first trading day after the election with a volatile movement. Gram gold, which rose to the level of 1400 liras in the past days, decreased to 1358 liras after the decrease in ounce gold. On the other hand, ounce of gold fell to the lowest level of the last two months to $ 1940. At the beginning of May, an ounce of gold had risen to the level of 2 thousand 50 dollars.

Gold prices in the Grand Bazaar

In the Grand Bazaar, quarter gold is sold for 2 thousand 260, half gold for 4 thousand 521, full gold for 9 thousand 28 liras. Gram gold is traded at 1358 liras in the Grand Bazaar.

There was also activity in the Grand Bazaar in the domestic market. While experts consider the declines as normal, he reminded that gold is a long-term investment tool. Grand Bazaar tradesman Yahya Ülküseven said, “After the election, there was a relief in the markets. Gold ounces fell. Due to the rise of the dollar, gram gold was at a high price. Profit sales also came in the markets. Although there is a regression today, it should not be forgotten that gold is a long-term investment tool. In the long run, gold is never damaged. An ounce of gold had seen the level of 2 thousand 50 dollars, and now it has decreased to the level of 1930 dollars. Gram gold is currently traded at the level of 1336 lira,''he said.