BusinessTurkiye

Gold Closes at TRY 7.092 Million per Kilogram

ISTANBUL — The kilogram price of standard gold on the Borsa Istanbul Precious Metals and Precious Stones Market (KMKTP) rose 0.2% to TRY 7.092 million at the end of trading on Friday.

The price of standard gold fluctuated between TRY 7.0788 million and TRY 7.13 million during the session. It had closed at TRY 7.0751 million per kilogram on the previous trading day.

Trading volume exceeds TRY 5.1 billion

Gold trading on the KMKTP generated a total transaction volume of TRY 5.185 billion, with 730.33 kilograms of gold changing hands.

Total trading volume across all metals reached TRY 5.423 billion.

The institutions with the highest gold trading volumes were Kuveyt Türk Participation Bank, Dünya Participation Bank, Garanti BBVA, NMGlobal Precious Metals and Uğuras Precious Metals.

Gold prices in dollars

The closing price of gold was $4,591.40 per ounce, compared with a previous close of $4,577.

During the session, the ounce price ranged between $4,545 and $4,593.50.

The weighted average price was TRY 7.1098 million per kilogram, while the session saw 100 transactions in total.

Gold market data

Standard Gold (TRY/kg)Gold (USD/oz)
Previous Close7,075,1004,577.00
Lowest7,078,8004,545.00
Highest7,130,0004,593.50
Closing7,092,0004,591.40
Weighted Average7,109,759.434,585.09
Trading VolumeTRY 5.185 billion
Trading Amount730.33 kg
Number of Transactions100

The figures were reported by Patronlar Dünyası based on trading data from the Borsa Istanbul Precious Metals and Precious Stones Market.

Source: Patronlar Dünyası/ Prepared by: İlayda Gök

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