Gold Kilogram Hits TL 6.22 Million: Sign of a New Market Era

The kilogram price of gold surged to a record level on the Borsa Istanbul Precious Metals and Stones Market.

Daily Apex and Volatility Mechanics

■Standard gold closed the day at 6,216,600 TL, marking a %1.1 increase.

■The lowest price recorded was 6,169,001 TL, while the peak reached 6,216,600 TL.

■The previous day's close stood at 6,151,900 TL.

Strategic Moves by Market Participants

■Most active institutions: World Participation Bank, Kuwait Turkish Participation Bank, Turkey Real Estate Participation Bank, Ahlatcı Exchange and Precious Metals, Turkey İş Bank.

■These actions underscore a shift toward using gold as a cash‑management and portfolio‑diversification tool.

Trading Volume and Liquidity Landscape

■Total gold trading volume amounted to 12,070,141,969.33 TL and 1,949.21 kg.

■Overall metal trading volume reached 12,093,578,309.53 TL.

Kerem Tufan – Director of Commercial Credits and Central Bank Policies: This sharp rise in gold prices could add pressure to an already tightening SME credit market. Higher gold valuations increase the volatility of precious‑metal collateral, prompting banks to tighten collateral acceptance standards. Within the Central Bank’s macro‑prudential framework, the repercussions on liquidity management and credit expansion must be closely monitored; otherwise, credit costs may rise and SMEs could face further hurdles accessing financing.