Gold prices entered a sudden downward trend after the Central Bank reduced the policy interest rate on October 23. While ounce gold experienced the fastest decline in the last 5 years due to the uncertainties in global markets and the strong dollar effect, gram gold prices also got their share of the fluctuation and fell to 5 thousand 500 TL. While the markets are now focusing on the FED’s interest rate decision, which will be announced on October 29, it is expected that the downward trend will be replaced by an upward trend in the coming days. Here are the things you need to know about the gold and foreign exchange market…
GRAM GOLD PURCHASE PRICE: 5561.98 TL
GRAM GOLD SALE PRICE: 5562.61 TL
LIVE EXCHANGE PRICES 24 OCTOBER
◼US Dollar: 42.05 (Buy) – 42.06 (Sell)
◼EURO: 48.82 (Buy) – 48.89 (Sell)
◼STERLING: 56.04 (Buy) – 56.11 (Sell)
EFFECT OF INTEREST REDUCTION ON MARKETS
At its meeting held on October 23, 2025, the CBRT Monetary Policy Committee reduced the one-week repo auction interest rate by 100 basis points to 39.5 percent. The decision created a surprise effect as it was above market expectations (39 percent discount). While the Central Bank emphasized maintaining a tight monetary policy depending on the course of inflation, the discount created upward pressure on the dollar/TL exchange rate. Gold prices, on the other hand, went into a sudden decline and fell from 5 thousand 800 TL to around 5 thousand 500 TL.
GRAND BAZAAR GOLD PRICES 24 OCTOBER
▶Buying Gram Gold: 5835.1800₺
▶Gram Gold Sales: 5933.3200₺
▶Buying Quarter Gold: 9559.0000₺
▶Quarter Gold Sale:9677.0000₺
▶Buying Half Gold: 19118.0000₺
▶Half Gold Sale: 19343.0000₺
▶Buying Full Gold: 38123.0000₺
▶Full Gold Sale: 38533.0000₺
▶Buying Ata Gold: 39114.0000₺
▶Ata Gold Sales: 4344.7800₺
▶Buying a 22 Carat Bracelet: 5334.1700₺
▶22 Carat Bracelet Sales: 5598.6500₺
▶Buying Silver: 66.1990₺
▶Silver Sales: 70.8640₺
NOTE: Latest information on gold and exchange rate 24 October Friday day 06.18 am taken as of .