Gold Price in Turkey Today

In this article, we offer you an explanation of what is the price of 22 and 21 karat gold in Turkey today for trading or saving and investment, and the price of gold today in dollars and Turkish lira now with a live daily update every 15 minutes, moment by moment, and the price of gold today is 14 karat, 18, 21, 22 and 24 now And details to know how much the gold price is direct, the price of the lira, the gold of the republics, and the English lira of gold today, with expectations of gold prices in the coming days and weeks for the year 2021-2022

gold price in Turkey karat 22 and 21

Gold prices are continuously monitored by many parties, and this is because gold is one of the most important metals in our time, as there are many areas related to gold mainly and gold also affects the whole world

There are many people who are constantly inquiring about gold, and this leads to many questions being asked, and one of the most important of these questions is the price of 22 carat and 21 carat gold in Turkey today, and this topic will be explained to you in detail in this article

Gold is one of the metals that are classified at the forefront of high-priced metals and is used to save in times of crisis, as there are many people who buy gold to preserve capital from erosion in the event of a decrease in the value of their currency. Gold is called a safe haven, because it is characterized Its ability to maintain its value through different ages

There are many people who make wealth by investing in gold and earning large sums and fortunes after they study the factors and special matters that affect gold

Investors' opinion about gold The opinions of users and analysts about gold differ, some of them see it as a means of fortification and survival and also to reduce the economic fluctuations that occur from time to time in all countries of the world because it has the ability to preserve its value no matter what political matters and geopolitical turmoil happen around the world

On the other hand, there are people who see gold as a golden opportunity to make a profit in investing through it for a long time and take advantage of the price difference between the purchase value and its selling value in this period

The most important factors that affect gold prices

There are many factors that affect the price of gold directly, including the following:

Inflation rate

One of the most important factors that affect gold prices directly is inflation, as if inflation occurs, the value of the metal rises, and this is what makes many people transfer their money to gold to ensure the achievement of additional funds

The relationship of gold to oil

The relationship between gold and oil is interconnected and also affects investment in precious metals, and this leads to financial inflation when oil prices rise

interest rates

Interest rates are also important factors that affect gold prices directly, as it is directly related to the US dollar. Gold prices. The higher the gold price, the lower the dollar price and vice versa

Also, when the Federal Reserve cuts the interest rate, this leads to a decrease in the value of the dollar

political crises

Political crises that occur in countries that directly affect the price of gold and make it rise. If there is a problem between countries, this leads to a significant rise in gold

Supply and demand

Gold is greatly affected by the policy of supply and demand, as if the demand for it rises, its price rises, and also if the demand for it decreases, its price decreases