Resat Gold Price
—₺
Last update:
Price History
Long Term (CBRT Monthly)
Monthly data is sourced from CBRT EVDS; it reflects the official monthly average and may differ from the live free-market price.
What Is Resat Gold?
Resat 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 Resat Gold. Coin gold prices include, in addition to gram gold, a workmanship and dealer premium.
The Resat 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 Resat 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 Resat Gold?
- Resat 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 Resat 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 Resat 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.