Hamit Gold Price
44,149₺ %-0.60-265
Last update:
Buy / Sell43,055 / 44,149
Price History
Daily data is compiled from free-market prices and accumulates from the launch date onward.
What Is Hamit Gold?
Hamit Gold is one of the most closely tracked gold products in Turkey. This page shows the real-time Grand Bazaar (free market) buy-sell price and daily change for Hamit Gold. Coin gold prices include, in addition to gram gold, a workmanship and dealer premium.
The Hamit Gold price is fundamentally derived from **ounce gold** (XAU/USD) and the **USD/TRY** rate. Gram gold = (ounce gold × USD/TRY) ÷ 31.1035, while coin gold is calculated as its gram equivalent + producer/dealer premium. Grand Bazaar dealers apply their own buy-sell spread.
Factors Affecting the Hamit Gold Price
- Ounce gold (XAU/USD) international price
- USD/TRY rate — the strongest variable in TRY terms
- Dealer premium (workmanship, brand, demand intensity)
- Global real interest rate level and inflation expectations
- Central bank gold reserve movements
Frequently Asked Questions
- What is Hamit Gold?
- Hamit Gold is one of the classic coin gold types dating from the Republican era and earlier. In Turkey it is preferred for both investment and gift purposes.
- How is the Hamit Gold price calculated?
- Basic formula: ounce gold (USD) × USD/TRY ÷ 31.1035 = pure 24-carat gram gold. For coin products, the gram equivalent + dealer premium is added.
- Why does the difference between the buy and sell price occur?
- It is the margin (spread) of dealers and jewelers. When demand is intense, the sell price may be pushed up and the buy price pulled down.
- At what hours does the Hamit Gold price change the most?
- Ounce gold trades 24/7, but the most intense price movement occurs during the London (10:00-18:00) and New York (16:00-23:00) sessions. The USD/TRY movement is reflected continuously throughout the day.