Record: Gram gold exceeds 4,500 lira

Gram gold rose to 4,522,397 lira.

The daily high for gold is $3,418.35 per ounce.

As of 11:33 a.m., gold was at $3,413.60 per ounce.

At the same time, gram gold is 4,516.427 and dollar is 41.1506 lira.

"The precious metal remains a favorite among investors ahead of the looser monetary policy phase expected to begin in the U.S. next month," Tim Waterer, Chief Market Analyst at KCM Trade, said on gold, according to CNBC-e .

The ounce is a British unit of weight. It is used in calculating the value of precious metals such as gold, silver, and diamonds. One ounce is equal to 31.10 grams.

When calculating the price of a gram of gold in Türkiye, the current price of one ounce of gold is divided by 31.10 and multiplied by the dollar/lira exchange rate. This gives the value of a gram of gold in lira.