Jewelers say that they buy more than sales, while those who buy quarter gold for gold days now buy gram of gold.
QUARTER GOLD GIVES WAY TO QUARTER GRAMS
In Turkey, the dollar rose above 17 Turkish Liras (TL) and saw its historical peak, while the quarter gold reached 1,600 TL. The fact that the quarter gold, which is the favorite of weddings and golden days, is based on 1,600 TL hit those who save money and gold day goers. With the deepening of the crisis, a significant part of the citizens cannot even make it to the end of the month, while those who are in good condition and can save, cannot go beyond a quarter of a gram!
While the course of the economy causes citizens to sell whatever is in hand, those who can make purchases mostly prefer a quarter gram or half a gram. While quarter gold was compelling 1,600 TL, gram gold was based on 900 TL. Citizens who cannot afford a quarter of gold or a gram of gold prefer a quarter gram, which is sold for around 240 TL. Jewelers says that, people who had bought a quarter of gold for gold day and savings, have recently bought a quarter or half of a gram.
The crisis hit the bottom of the pillow! The skyrocketing dollar and gold prices in Turkey hit both the savers and the gold day. Quarter gold, indispensable for weddings and golden days, left its place to quarter gram. In recent months, while a significant part of the citizens could not save, the fact that those who could, decreased to a quarter of a gram, revealed the gravity of the economy.