Turkey · TRY · November 2025

Gold Price in TurkeyNovember 2025

In November 2025, the gold price in Turkey closed at approximately ₺181,676 per troy ounce, equivalent to ₺68,130 per tola or ₺5,841 per gram. This represents a +5.68% change on the month (₺171,910 open → ₺181,676 close).

+5.68% on the month

Open

₺171,910

per troy ounce

Close

₺181,676

per troy ounce

High

₺182,307

per troy ounce

Low

₺171,395

per troy ounce

All unit prices at November 2025 close — Turkey

UnitWeightClosing TRY price
Troy ounce31.1035 g₺181,676
Gram1.0000 g₺5,841
10 grams10 g₺58,410
Kilogram1,000 g₺5,841,013
Tola11.664 g₺68,130
TRY prices computed from XAU/USD ($4,230.50/oz close) × 2025-end TRY/USD rate (42.9443). Pure metal value only — excludes local taxes and dealer making charges.

Karat-purity breakdown at November 2025 close

KaratPer gramPer tola
24K₺5,835₺68,061
22KTURKEY STD₺5,350₺62,407
21K₺5,111₺59,613
18K₺4,381₺51,097
14K₺3,417₺39,856
10K₺2,436₺28,410

Daily gold price in TRYNovember 2025

30 trading days
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November 2025 gold market: Institutions broaden the bull market

Bullish

Broadening institutional participation strengthened the trend.

Gold kept rising in November as institutional investors joined more aggressively. The market broadened from largely retail- and central-bank-driven demand to include hedge funds, asset managers, and pension allocations — wider participation that strengthened and stabilised the bull market.

What drove gold in November 2025

  • hedge-fund and asset-manager buying
  • pension-fund allocations
  • momentum and FOMO
  • continued central-bank demand
Themes#institutional demand#broadening participation#investment demand

What happened next

With nearly every bullish factor present at once, gold finished the year near record highs.

For gold buyers in Turkey

November showed the rally maturing — when pensions and asset managers allocate, a bull market gains a deeper, steadier foundation.

The 2025 gold market: Continued bull market and de-dollarization signals

2025 saw gold continue its bull market with prices reaching new highs above $3,000/oz. BRICS+ expansion (UAE, Iran, Egypt, Ethiopia) accelerated. Central-bank buying remained at record levels. The era of structural gold appreciation continued through the year.

Key drivers in 2025

Continued central-bank buying, BRICS+ settlement infrastructure, USD reserve share declining, AI-era productivity boom

2025 XAU/USD high

Above $3,000

2025 XAU/USD low

$2,580 (approx)

Era context — The modern bull market (2019 to today)

Gold's second major bull market of the 21st century. Driven by COVID stimulus, Russia sanctions, central-bank accumulation at record levels, and the structural shift toward a multi-polar reserve system. New all-time highs reached repeatedly since 2020.

The Turkey gold market

Turkey is one of the world's largest retail gold markets relative to GDP, driven by historical use of gold as an inflation hedge against persistent lira depreciation. Prices are quoted per gram in 22K (Cumhuriyet and Reşat coin standards) and 24K (gram bars). The Borsa İstanbul Gold Exchange runs the official daily fix.

Standard quote unit

gram

Common purity

22K

Currency

TRY ()

Daily gold price — November 2025, Turkey

How Turkey gold prices are calculated on this page

Source. The international XAU/USD spot price comes from gold-api.com's historical archive (London PM-fix benchmark). The TRY/USD exchange rate comes from exchangerate-api.com's 2025 year-end snapshot.

Conversion. Every TRY figure on this page is computed as XAU/USD price × TRY/USD rate. We use the year-end exchange rate consistently across all November 2025 prices on this page.

Per-unit math. Per-gram = per-ounce ÷ 31.1035. Per-tola = per-gram × 11.664. Per-10g = per-gram × 10. Per-kilo = per-gram × 1000. Karat values multiply per-gram by the purity ratio (24K = 0.999, 22K = 0.916, 21K = 0.875, 18K = 0.750, 14K = 0.585, 10K = 0.417).

What this page does NOT include. Local sales tax / VAT, customs duty on imports, dealer making charges, jewellery design premiums, or coin numismatic premiums. To go from this pure-metal value to a final retail rate in Turkey, add the country-specific levies described in the “Turkeygold market” section above.

FAQ — Turkey gold price in November 2025

What was the gold price in Turkey in November 2025?

In November 2025, gold in Turkey opened at ₺171,910/oz and closed at ₺181,676/oz — a move of +5.68% on the month. Per tola: ≈₺68,130; per gram: ≈₺5,841; per 10g: ≈₺58,410.

What was the 24K gold rate per tola in Turkey in November 2025?

The 24K gold rate per tola in Turkey at the November 2025 close was approximately ₺68,130, derived from international XAU/USD spot of $4,230.50/oz times the 2025-end TRY/USD exchange rate of 42.9443. This is pure metal value; final retail rates include local taxes and dealer making charges.

What was the 22K gold rate per gram in Turkey in November 2025?

Turkey's most-quoted retail standard is 22K per gram. At the November 2025 close, that worked out to approximately ₺5,350 (22K pure-metal value). Add local taxes and making charges for the final retail rate.

How was the local currency price calculated?

TRY prices on this page are computed from the verified international XAU/USD spot price for November 2025 (sourced from gold-api.com), multiplied by the 2025-end TRY/USD exchange rate from exchangerate-api.com. We use year-end rates as a single reference point for the entire month — for most stable currencies the within-year FX drift is small, but during currency crises (PKR 2022–23, TRY 2022, ARS 2024 etc.) the actual mid-month rate may differ.

Why does the retail price in shops differ from this number?

The ₺ figures here represent the international gold spot price converted to TRY at the 2025-end exchange rate. Turkey's retail jewellers add (1) import duties and sales tax (varies by SKU and karat), (2) dealer making charges (typically 3–12% of metal value), and (3) a small premium for purity certification on bars. Always verify the exact day's retail rate with a reputable local dealer before transacting.

Want today's rate in Turkey? See live gold prices in Turkey with minute-by-minute updates and per-karat breakdowns.

Different month or year? Use the prev / next buttons above, or jump to the full 2025 archive or the USD-only November 2025 page with the country-by-country list at the bottom.

Other markets? Compare November 2025 prices across other major gold-trading countries: Pakistan, India, United Arab Emirates, Saudi Arabia, United States.

Disclaimer: Historical gold prices on this page reflect the international XAU/USD spot price for the requested period, converted to TRY at the 2025-end exchange rate. They are intended for informational and educational use only and do not constitute investment advice or a price quote for buying or selling physical gold today. Always verify current local rates with a reputable bullion dealer in Turkey before transacting.