BREAKING: Gold prices rose to a record level on July 28, 2026: How much are gram, quarter, half and ounce prices?

Gold prices in the world and in Türkiye attract attention with record increases recorded on July 28, 2026. While the gram gold price has reached its highest level as of today, investors and citizens are closely following the change in prices. It is stated that quarter, half and ounce gold prices have increased in parallel. This development is directly associated with the fluctuations in international markets and the monetary policy decisions of the US Federal Reserve (Fed).

What happened?

On July 28, 2026, gold prices in Türkiye increased significantly in all categories. While the buying price of gram gold exceeded 1,250 TL today, the selling price was recorded as 1,260 TL. Quarter gold price: 5,100 TL buying, 5,150 TL selling; half gold was determined as 10,200 TL buying and 10,300 TL selling. The ounce gold price is traded at $ 2,800. These prices represent an increase of 3-5 percent compared to last week.

Behind this sudden rise in prices are global economic uncertainties and expectations regarding the Fed's interest rate decisions. Following the announcement of inflation data in the USA, interest rate cut expectations increase in the markets, and this also triggers the demand for safe haven assets such as gold. In Türkiye, fluctuations in exchange rates and devaluation of the local currency are among the factors that negatively affect prices.

In addition, the widespread purchase of gram gold in the Grand Bazaar and bank ATMs also supports the mobility in prices. While citizens turn to gold, which they see as a safe investment tool, it is observed that banks and jewelers also increase their stocks.

Background

The rise in gold prices began to gain momentum globally as of the second half of 2024. High inflation in the USA and the Fed's continued interest rate hikes directed investors to safe haven assets. In this process, the price of ounce gold increased from $ 2,500 to $ 2,800 throughout 2025. In Türkiye, exchange rate fluctuations that started in the last quarter of 2025 caused the local currency to lose value, and this directly affected gold prices.

In the first months of 2026, increased geopolitical risks and global supply chain problems caused prices to rise even further. Bank crises and sudden increases in treasury bill interest rates in March 2026 changed investors' risk perception and increased the demand for gold. During this period, the statements made by the Central Bank of the Republic of Turkey (CBRT) and the Ministry of Treasury and Finance were among the important factors determining the course of prices in the domestic market.

Details of these developments at the end of 2025 and the beginning of 2026 are not included in the source text. However, it seems that these trends in international markets are reflected in prices in Türkiye.

Why is it important?

This sudden rise in gold prices has important consequences for both individual investors and institutions. Gram gold prices reaching record levels increases the interest of small investors in gold. The widespread use of gram gold purchases from bank ATMs is considered an indicator of this trend. While citizens turn to gold, which they see as an asset that maintains its value against inflation, their savings tendencies are also changing due to the decrease in spending power.

At the corporate level, banks and jewelers are trying to benefit from the rise in prices by increasing their stocks. The increase in gold imports shows that foreign exchange reserves are also affected by this process. The Central Bank's policy of increasing gold reserves also aims to contribute to the stability of the national currency.

In addition, the rise in gold prices may create both positive and negative effects for the Turkish economy. While it contributes to reducing the foreign trade deficit, increasing import costs may also trigger inflationary pressures. Investors follow these developments closely, rearranging their portfolios and developing risk management strategies.

What do experts and parties say?

Expert opinions or official institution statements are not included in the source text. There is no detailed analysis of the reasons behind the rise in prices. Only general information about changes in prices is provided. For this reason, it is not possible to have information about expert comments or official statements.

What to watch next?

How this upward trend in gold prices will continue in the coming days will depend on the developments in international markets. Interest rate decisions of the US Federal Reserve (Fed), inflation data and geopolitical risks are among the main factors that will determine the course of prices. In Türkiye, exchange rate fluctuations and central bank policies will directly affect prices in the domestic market.

Investors should be careful about sudden changes in prices and follow expert opinions. The stock status of banks and jewelers can also provide clues about the future course of prices. The Grand Bazaar and bank ATMs will continue to be among the places that investors frequently visit due to the widespread use of gram gold purchases.

The source text does not contain any predictions about future price movements. Therefore, investors are recommended to do their own research and get support from experts.