In 2024, the return of silver overtook gold. Since the beginning of this year, gram gold has earned 25 percent to its investors, while gram silver has earned 45 percent.
As of 2024, gold and silver investors made significant gains in financial markets. Silver has recently been added to gold, which is seen as a safe haven investment tool in times of uncertainty.
SILVER ROSE TO 32 LIRAS WITH A 45 PERCENT INCREASE
Since the beginning of 2024, the increase in silver has exceeded gold. The gram of silver, which was 22 liras on January 1, 2024, increased by about 45 percent to 32 liras. Gram gold, on the other hand, rose from one thousand 950 liras to 2 thousand 450 liras with an increase of approximately 25 percent in this process.
“SILVER IS A LONG TERM INVESTMENT TOOL”
Speaking about the demand for gold in the domestic market, Cihat Zeytun, a Grand Bazaar shopkeeper, said, “Gold had seen higher levels than its current level.
“When we look at the long term, we see that gold always earns. Citizens mostly prefer gold without labor for investment. Whether it is bought as jewelry or for investment purposes, we see that it increases in the long term.”
Zeytun said, “Silver has also returned close to 50 percent in the last 6 months. Silver is sold in ingots or smaller pieces for investors. Silver also increased in the month
