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🇹🇷 Gold Price Today in Turkey | ₺146,670
Live gold price in Turkish Lira (TRY) — updated every 5 minutes
Last updated: May 4, 2026, 01:01 PM ET
Per Gram (TRY)
₺4,715.54
Per Troy Oz (TRY)
₺146,670
Per Kg (TRY)
₺4,715,543
USD/Gold Spot
$4,512.92/oz
USD/TRY Rate
1 USD = 32.5 TRY
TRY per gram
₺4,715.54
Gold Market in Turkey
Turkey is one of the world's top gold jewellery producers and consumers. The Grand Bazaar in Istanbul is one of the world's largest gold jewellery markets. Turkey's unique gold under-the-pillow culture (pillow gold — ev altını) means millions of Turks hold physical gold at home as savings. The Central Bank of Turkey has been a significant gold accumulator in recent years.
Why do people in Turkey buy gold?
Turkish gold demand is driven by decades of high inflation and currency depreciation. The Turkish lira has lost over 90% of its value against the USD since 2013, making gold the supreme inflation hedge for Turkish savers. Gold bracelets (bilezik) are given at weddings and birthdays as customary gifts that double as savings.
Frequently Asked Questions — Gold in Turkey
What is the gold price today in Turkey in lira?
Turkish gold prices in TRY are quoted per gram by the Grand Bazaar Exchange and major dealers. The lira's weakness means TRY gold prices have hit successive record highs year after year since 2013.
What is "pillow gold" (ev altı) in Turkey?
Ev altı (literally "under the house") refers to privately held physical gold kept at home rather than in banks. It's estimated that Turkish households hold 5,000–6,000 tonnes of gold this way, reflecting distrust of the banking system and lira.
Is gold a better hedge than real estate in Turkey?
Both gold and Istanbul real estate have dramatically outpaced lira inflation. Gold offers superior liquidity and divisibility. Turkish real estate is also dollarised in many segments. Both serve as lira hedges, but gold is more accessible to ordinary Turks.
How do I buy gold in Turkey?
Gold can be purchased from the Istanbul Grand Bazaar, Borsa Istanbul gold market, local jewellers (kuyumcular), and online platforms like Altın.com. Turkish banks also offer gold deposit accounts (altın hesabı) and gold TL conversion services.