Quarter Gold Prices: A Comprehensive Guide to Buying and Selling
The price of quarter gold coins is a frequently researched topic in Turkey for those considering investing or buying gifts for special occasions. A favorite among small-budget investors, quarter gold coins stand out due to their easy accessibility and liquidity advantages. As we enter 2025, it's worthwhile to closely examine the factors influencing the price of this valuable piece of jewelry and the current market situation.
What is a quarter gold coin? What are its characteristics?
One of the most commonly used types of gold in Türkiye, the quarter-ounce gold coin (kayrek) is produced in 22-karat gold and weighs approximately 1.75 grams. It is usually sold with or without a handle. Used as jewelry, this product is also frequently included in investors' portfolios.
Key Features:
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Weight: 1.75 grams (approximately)
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Purity: 22 karat (91.6% purity)
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Diameter: Approximately 18 mm
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Usage: For investment and gift purposes.
With these features, quarter gold coins are one of the main players in both individual and traditional investment in Türkiye, thanks to their portability and ease of transaction.
Factors Affecting Prices
Gold prices are not fixed. Prices, especially for commonly used types like quarter-ounce gold coins, fluctuate depending on several key factors:
1. Dollar/Turkish Lira Exchange Rate
The price of gold per gram is largely dependent on exchange rates. When the dollar rises, the value of gold in the local currency also increases.
Value of 2 Ounces of Gold
The price of gold per ounce traded on the international market directly affects the price of gold in quarter ounces. Global economic developments determine this price.
3. Increase in Demand
Interest in gold increases during times like wedding seasons, religious holidays, and periods of mass investment. This can lead to upward price movements.
Timing and Strategy for Investors
Individuals planning to buy gold should carefully analyze market fluctuations. The following suggestions may be particularly helpful:
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It is more advantageous to buy when prices have stabilized.
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Buying before weddings and special seasons can save you money.
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For those considering long-term investments, it can be a store of value independent of fluctuations.
Short-term investors can profit from momentary changes by tracking prices on a daily basis.
What is the difference between digital and physical preferences?
Although physical gold coins are traditionally preferred, digital gold purchases are also increasing. The advantages of both methods are as follows:
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Physical purchase : Suitable for gifting, easy to store, and conforms to traditional designs.
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Digital investment : High transaction speed, no storage costs, easy mobile access.
The choice should be shaped according to the investor's needs and expectations.
Quarter Gold Price Continues to Be a Safe Haven for Investment
In conclusion, the price of quarter gold coins continues to hold a significant place for those seeking a safe haven in their investment. Daily price fluctuations should be carefully monitored, and buy-sell decisions should be made according to market conditions. Whether considered digitally or physically, quarter gold coins are a strong option for portfolio diversification.