MarketsTurkiye

Gold Prices Today: Quarter Gold Rates on September 18, 2024

Today’s Gold Prices: Gram Gold and Quarter Gold Rates on September 18, 2024

As of September 18, 2024, gold prices in Turkiye show slight fluctuations, particularly in the quarter gold segment. Investors and gold buyers are keeping a close eye on market movements, especially as the kilogram price of standard gold in the Borsa Istanbul Precious Metals and Diamond Market (KMKTP) rose to ₺2.873 million.

Latest Gold Market Movements

In today’s trading, the lowest price for standard gold reached ₺2.863 million, while the highest was recorded at ₺2.873 million. By the end of the day, standard gold closed with a 0.2% increase, settling at ₺2.873 million, compared to yesterday’s closing price of ₺2.868 million.

  • Key Numbers:
    • Kilogram price of standard gold: 2.873 million
    • Lowest price of the day: ₺2.863 million
    • Highest price of the day: ₺2.873 million

Quarter Gold Fluctuations

Quarter gold, a popular investment option in Turkiye, is also experiencing slight price changes. Many individuals are interested in today’s updated quarter gold rates, which reflect the overall market trends observed in the gold exchange.

Trading Volume on the Gold Exchange

According to the KMKTP, today’s trading volume for gold was substantial. A total of 1,329.68 kilograms of gold were traded, resulting in a total transaction value of ₺3.758 billion. This high level of activity highlights the robust nature of the gold market in Turkiye.

  • Gold Trading Data:
    • Transaction value: ₺3.758 billion
    • Total amount traded: 1,329.68 kilograms of gold

The overall trading volume for all metals at the Borsa Istanbul Precious Metals and Diamond Market was also noteworthy, reaching ₺3.815 billion.

Leading Institutions in Gold Transactions

Among the top players in the gold market today were several well-known institutions. Yapı ve Kredi Bankası, NMGlobal Precious Metals, VakıfBank, Garanti BBVA, and Istanbul Gold Refinery were among the top-performing firms in terms of transaction volume.

Institutions with the Highest Gold Transactions:

  • Yapı ve Kredi Bankası
  • NMGlobal Precious Metals
  • VakıfBank
  • Garanti BBVA
  • Istanbul Gold Refinery

As of September 18, 2024, the quarter gold and standard gold prices show slight increases, drawing the attention of investors and market participants alike. With consistent activity in the Borsa Istanbul Precious Metals Market, Turkiye remains a key player in the global gold market, particularly as institutions continue to drive high transaction volumes. Keep an eye on future gold price updates to stay informed about market movements and potential investment opportunities.

Source: NTV / Prepared by Irem Yildiz

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