Gram gold in Turkey fell by 2 percent this week due to a strong dollar
Gram gold in Turkey experienced a two percent drop in value this week, a decline that continued into Friday, 25 September 2026.
This price decrease comes as a direct consequence of a strengthening US dollar, which has exerted downward pressure on gold prices.
The loss affects many Turkish households that have traditionally invested in gram gold as a safe haven for their savings. The depreciation of gram gold, which serves as a standard unit of measurement for gold in Turkey, amounted to a weekly loss of two percent.
This downward trend continued unabated on Friday, signalling persistent pressure on the precious metal.
The development reflects a global dynamic in which the strengthening of the American currency often leads to reduced demand for gold. Dollar strength impacts gold valueThe correlation between a stronger dollar and falling gold prices is a well-known phenomenon in financial markets.
When the dollar strengthens, gold becomes more expensive for investors holding other currencies, which often reduces demand.
The US currency has shown significant strength throughout the week, a factor that has exerted constant downward pressure on the value of gold.
For Turkish investors, this means that their investments in gram gold are losing value in line with dollar movements, in addition to any fluctuations in the lira-to-dollar exchange rate. Traditionally, gold, and especially gram gold, has played a central role in the Turkish economy and serves as a vital savings tool for the population.
Many Turks choose to invest in gold to protect their savings against inflation and the volatility of the Turkish lira.
Consequently, this week’s decline represents a direct reduction in purchasing power for those who have placed their funds in this popular precious metal. Consequences for Turkish householdsThe consequences of such a drop in value are noticeable for thousands of Turkish households.
For many, gram gold is not merely an investment but part of a family’s financial safety net and a means of preserving wealth over time.
The current downturn challenges this strategy and may lead to concern among savers who have seen the value of their gold holdings shrink.
This could potentially affect consumer confidence and household financial outlooks. Although gold prices fluctuate, the recent development underscores the importance of understanding underlying global economic factors—especially the dollar exchange rate—when investing in precious metals.
For Turkey, where gold is so deeply rooted in the economic fabric of society, such market movements are of great importance and have tangible economic consequences for the general public.
Source: Haberglobal
