On 4 August 2026, gram gold in Turkey traded at around 6,209 Turkish lira, starting the day with gains. At 09:40, one gram of gold traded at 6,209 Turkish lira, 0.2% above the previous close. Earlier, at 09:05, the price was recorded at 6,209.43 lira.
6,209 Turkish lira
Gram gold traded at this level at 09:40 on August 4, up 0.2% from the previous close.
On the previous trading day, gram gold closed at 6,197 Turkish lira, up 0.3%. At 09:40 on 4 August, a quarter gold coin was sold at 10,160 Turkish lira, and a Republic gold coin was sold at 40,453 Turkish lira.
Gold's ounce price rose 0.2% to 4,062 US dollars on 4 August. The rise came as ongoing talks between the US and Iran have yet to produce a concrete result, keeping geopolitical risks on the agenda and supporting safe-haven demand.
The lack of a concrete result in US-Iran talks keeps geopolitical risks on the agenda.
US President Donald Trump said that negotiations with Iran had restarted and were ongoing, conducted with support from Saudi Arabia, the United Arab Emirates, Qatar and some other Gulf countries. He also said they had decided to stop planned attacks after calls from those countries.
Oil prices showed a renewed upward trend as passages through the Strait of Hormuz continued on a limited basis.
Fed expectations and coming data
The US Federal Reserve left its policy rate unchanged at its latest meeting, but three members voted for a rate hike. Below-expectations growth data and the personal consumption expenditures (PCE) data pointing to slower price pressures weakened hawkish rate expectations. Markets continue to price in a possible one rate hike by the Fed by the end of the year.
The US non-farm payrolls data to be released on Friday is expected to be decisive for rate expectations. Analysts said that today's data to follow include Turkey's real effective exchange rate domestically, and the US trade balance, JOLTS job openings and durable goods orders abroad.
Updates
On August 4, gram gold was reported to have traded at approximately 6,210 Turkish lira, while disputed claims suggest a quarter gold coin reached 10,100 Turkish lira. Meanwhile, spot silver rose 1% to 58.74 US dollars, with spot platinum and palladium both gaining 1.2% to 1,646.59 US dollars and 1,279.55 US dollars, respectively.
On August 4, 2026, gram gold was reportedly traded at approximately 6,210 Turkish lira, while disputed reports indicate a quarter gold coin reached 10,100 Turkish lira. Spot silver rose 1% to 58.74 US dollars, with platinum and palladium both gaining 1.2% to 1,646.59 US dollars and 1,279.55 US dollars, respectively. Additionally, markets are pricing in a 65% probability of a US Federal Reserve rate hike in September.
Gram gold has been reported to trade at approximately 6,210 Turkish lira, while disputed claims suggest a quarter gold coin reached 10,100 Turkish lira. Additionally, spot gold's ounce price is disputed to have risen 0.2% to 4,059.81 US dollars. Other commodity updates include a 1% rise in spot silver to 58.74 US dollars, alongside climbs in spot platinum to 1,646.59 US dollars and palladium to 1,279.55 US dollars.
Unverified reports suggest gram gold traded at approximately 6,210 Turkish lira on August 4, while disputed claims indicate a quarter gold coin reached roughly 10,100 Turkish lira. Additionally, spot gold's ounce price is disputed to have risen 0.2% to 4,059.81 US dollars, and spot silver rose 1% to 58.74 US dollars amid rising platinum and palladium prices.
Gram gold was unverifiedly traded at approximately 6,210 Turkish lira on August 4, 2026, while disputed reports suggest a quarter gold coin reached approximately 10,100 Turkish lira. Additionally, spot gold's ounce price reportedly rose 0.2% to 4,059.81 US dollars, though this figure remains disputed. Other precious metals also saw movement, with spot silver rising 1% to 58.74 US dollars, while spot platinum and palladium both gained 1.2%.
On August 4, gram gold reportedly traded at approximately 6,210 Turkish lira, while there are disputed claims involving a quarter gold coin at 10,100 Turkish lira and spot gold's ounce price rising 0.2% to 4,059.81 US dollars. Additionally, spot silver rose 1% to 58.74 US dollars, with spot platinum and palladium both gaining 1.2% to 1,646.59 US dollars and 1,279.55 US dollars, respectively.
Gram gold is reportedly trading at approximately 6,210 Turkish lira, while a quarter gold coin is disputed to be around 10,100 Turkish lira. Additionally, spot gold's ounce price is disputed to have risen to 4,059.81 US dollars, and spot silver, platinum, and palladium have seen price increases of 1%, 1.2%, and 1.2% respectively.
Gram gold is reportedly trading at approximately 6,210 Turkish lira, while disputed claims suggest a quarter gold coin has reached about 10,100 Turkish lira. Additionally, spot gold's ounce price is disputed to have risen to 4,059.81 US dollars, and spot silver has seen a 1% increase to 58.74 US dollars. Platinum and palladium also recorded gains of 1.2%, reaching 1,646.59 US dollars and 1,279.55 US dollars respectively.
Gram gold is reportedly trading at approximately 6,210 Turkish lira, while disputed reports suggest a quarter gold coin has reached 10,100 Turkish lira. Additionally, spot gold's ounce price is disputed to have risen 0.2% to 4,059.81 US dollars. Meanwhile, spot silver rose 1% to 58.74 US dollars, with spot platinum and palladium both gaining 1.2% to 1,646.59 US dollars and 1,279.55 US dollars, respectively.
Gram gold is reportedly trading near 6,210 Turkish lira, while disputed reports suggest a quarter gold coin has reached 10,100 Turkish lira. Additionally, spot gold's ounce price is claimed to have risen 0.2% to 4,059.81 US dollars, though this figure remains contested. Meanwhile, spot silver, platinum, and palladium have also seen increases, with silver rising 1% to 58.74 US dollars.
Gram gold prices in Turkey continued to climb, opening at 6,515 Turkish lira on 5 August 2026, up 0.3% from the previous close, and subsequently reaching 6,529.17 Turkish lira by the morning of 6 August 2026. During this period, the spot gold ounce price also saw significant movement, rising 1.3% to 4,127 US dollars on 5 August before reaching 4,256 US dollars on 6 August. Additionally, the US Federal Reserve's September rate hike probability was adjusted to 59%, down from the previous 65%.
On 5 August 2026, gram gold in Turkey rose to 6,368.63 Turkish lira at sale, up from 6,210 Turkish lira on 4 August, while the gold ounce price jumped 1.3% to 4,127.04 US dollars globally; by 6 August, gram gold reached 6,513.90 Turkish lira and the ounce price stood at 4,256 US dollars, with markets adjusting rate hike expectations to 59% for September from 65% the prior day.
On 5 August 2026, gram gold in Turkey rose to 6,368.63 Turkish lira at sale, up from 6,496 Turkish lira on 4 August, while the gold ounce price jumped 1.3% to 4,127.04 US dollars globally; by 6 August, gram gold reached 6,513.90 Turkish lira and the ounce price stood at 4,256 US dollars, with markets adjusting rate hike expectations to 59% for September from 67% the prior day, as US employment data loomed and Iran denied ongoing negotiations despite Qatar’s mediation claims.
On 5 August 2026, gram gold in Turkey rose to 6,368.63 Turkish lira at sale — up from 6,210 lira on 4 August — and further climbed to 6,513.90 lira by 6 August, while the gold ounce price surged to 4,256 USD from 4,246 USD on 4 August and 4,127 USD on 5 August; markets also revised the probability of a September Fed rate hike down to 59% from 65%, as investors awaited key US employment data amid conflicting reports on US-Iran negotiations.
