The price of gold per gram, which started rising quickly in the very first days of 2016 due to the geopolitical risks and concerns arising from the Chinese markets, has declined to less than TL 106 ($35) because of reactionary purchases and the stabilization of gold prices quoted in ounces.

The gold price per gram decreased by 1 percent compared to yesterday's closure price and finished at TL 105.50, after the Turkish lira - dollar exchange rate had lowered to 2.99.