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🇹🇷 Silver Price Today in Turkey | ₺2,365.35
Live silver price in Turkish Lira (TRY) — updated every minute
Last updated: May 4, 2026, 01:01 PM ET
Per Gram (TRY)
₺76.0477
Per Troy Oz (TRY)
₺2,365.35
Per Kg (TRY)
₺76,048
USD/Silver Spot
$72.78/oz
USD/TRY Rate
1 USD = 32.5 TRY
Gold/Silver Ratio
62.0:1
Silver Market in Turkey
Turkey is one of the world's top silver jewellery producers and consumers. The Grand Bazaar in Istanbul is one of the world's largest silver jewellery markets. Turkey's unique silver under-the-pillow culture (pillow silver — ev altını) means millions of Turks hold physical silver at home as savings. The Central Bank of Turkey has been a significant silver accumulator in recent years.
Why do people in Turkey invest in silver?
Turkish silver 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 silver the supreme inflation hedge for Turkish savers. silver bracelets (bilezik) are given at weddings and birthdays as customary gifts that double as savings.
Frequently Asked Questions — Silver in Turkey
What is the silver price today in Turkey in lira?
Turkish silver prices in TRY are quoted per gram by the Grand Bazaar Exchange and major dealers. The lira's weakness means TRY silver prices have hit successive record highs year after year since 2013.
What is "pillow silver" (ev altı) in Turkey?
Ev altı (literally "under the house") refers to privately held physical silver kept at home rather than in banks. It's estimated that Turkish households hold 5,000–6,000 tonnes of silver this way, reflecting distrust of the banking system and lira.
Is silver a better hedge than real estate in Turkey?
Both silver and Istanbul real estate have dramatically outpaced lira inflation. silver offers superior liquidity and divisibility. Turkish real estate is also dollarised in many segments. Both serve as lira hedges, but silver is more accessible to ordinary Turks.
How do I buy silver in Turkey?
silver can be purchased from the Istanbul Grand Bazaar, Borsa Istanbul silver market, local jewellers (kuyumcular), and online platforms like Altın.com. Turkish banks also offer silver deposit accounts (altın hesabı) and silver TL conversion services.