Investors and those interested in gold should know the latest prices in Turkmenistan. The gold price is now 9,252.16 Turkmenistani Manats (TMT) per ounce. This is up from 9,245.31 TMT on December 3, 2024. The price changes because of global and local market forces.
The spot price for gold in Turkmenistan is 9,252.16 TMT per ounce. This gives you the latest info on gold contracts. Gold prices change every day, 5 days a week. This is because the global gold market never stops, offering chances for making money between markets.
Key Takeaways
- The current gold price in Turkmenistan is 9,252.16 TMT per ounce, up from 9,245.31 TMT on December 3, 2024.
- The spot price for gold in Turkmenistan is updated in real-time, reflecting the immediate settlement of gold contracts.
- Gold prices in Turkmenistan are influenced by global supply and demand factors, as well as macroeconomic and geopolitical events.
- Turkmenistan’s gold market is part of the 24/7 global commodities trading, allowing for potential arbitrage opportunities.
- Experts recommend diversifying a portfolio with 5-10% in commodities, like gold, to manage risk.
Latest Gold Market Trends in Turkmenistan
The gold market in Ashgabat, Turkmenistan, is showing interesting trends. Bullion dealers and investors watch gold prices closely. The market’s current status and trading volume show how lively gold investment opportunities Turkmenistan are.
Daily Price Fluctuations and Market Volatility
The gold price per gram in Turkmenistan is 297.47 Turkmenistani new Manats (TMT). In the last 24 hours, prices ranged from 298.37 TMT to 296.23 TMT. This shows a 2.14 TMT price swing.
The market’s volatility is medium. Gold prices change due to many factors. This leads to small price differences in different markets.
Gold Price Performance Metrics
- Market Size of Turkmenistan Gold Market in 2023: 75 pages
- Forecast of Turkmenistan Gold Market by 2030: 60 pages
- Historical Data and Forecast of Turkmenistan Gold Revenues & Volume: 2020-2030
- Turkmenistan Gold Import Export Trade Statistics
- Turkmenistan Gold Top Companies Market Share
Current Market Status and Trading Volume
| Market Metric | Value |
|---|---|
| Turkmenistan Gold Market Size, 2023 | 75 pages |
| Turkmenistan Gold Market Forecast, 2030 | 60 pages |
| Turkmenistan Gold Market Revenues & Volume, 2020-2030 | Historical Data and Forecast |
| Turkmenistan Gold Import Export Trade Statistics | Available |
| Turkmenistan Gold Top Companies Market Share | Data Provided |
“The Turkmenistan precious metals market is dynamic, with gold prices fluctuating daily and reflecting the broader global economic trends. Investors seeking gold investment opportunities in Turkmenistan should closely monitor the market’s performance metrics to make informed decisions.”
Price of Gold in Turkmenistan Across Different Weight Units
In Turkmenistan, gold prices change with the weight. One ounce of gold is 9,247.65 Turkmen new manat (TMT). One gram is 297.31 TMT.
For bigger amounts, prices are higher. Five grams cost 1,486.56 TMT. Ten grams cost 2,973.12 TMT. And 100 grams cost 29,731.21 TMT.
Other weights have their prices too:
- 1 kilogram (kg) of gold: 297,318.55 TMT
- 1 tola: 3,467.87 TMT
- 1 baht: 4,373.68 TMT
- 1 grain: 19.27 TMT
- 1 ratti: 54.11 TMT
Gold prices in Turkmenistan can change every day. This is because of Turkmen gold regulations, gold mining Turkmenistan, and gold prices Ashgabat exchange.
| Weight Unit | Gold Price (TMT) |
|---|---|
| 1 ounce | 9,247.65 |
| 1 gram | 297.31 |
| 1 kilogram | 297,318.55 |
| 5 grams | 1,486.56 |
| 10 grams | 2,973.12 |
| 100 grams | 29,731.21 |
| 1 tola | 3,467.87 |
| 1 baht | 4,373.68 |
| 1 grain | 19.27 |
| 1 ratti | 54.11 |
Knowing gold prices in different weights helps in Turkmenistan. It helps when buying or trading gold.
Understanding Gold Purity and Pricing in Turkmenistan Market
Investing in gold in Turkmenistan means knowing about gold purity and price. Gold purity, shown in karats (K), affects its value in the Turkmen gold market.
24K Gold Standards and Valuation
24-karat (24K) gold is the purest and most valuable. It costs 297.31 TMT per gram in Turkmenistan. This gold is 99.999% pure, making it a top choice for investors and buyers.
Different Karat Options and Their Prices
Other karat options are also found in the Turkmen gold market. For example, 22-karat gold costs 272.54 TMT per gram. 18-karat gold is 222.98 TMT per gram, and 14-karat is 173.43 TMT per gram. The lower the karat, the less pure the gold and the lower the price.
Market Factors Affecting Gold Purity Pricing
The price of gold in Turkmenistan changes due to many factors. These include supply and demand, economic conditions, and world events. These changes can make the price of gold go up or down, affecting the value of different karats in the Turkmen gold market and gold trading in Central Asia.
| Karat | Gold Purity | Price per Gram (TMT) |
|---|---|---|
| 24K | 99.999% | 297.31 |
| 22K | 91.667% | 272.54 |
| 18K | 75.000% | 222.98 |
| 14K | 58.333% | 173.43 |
Knowing how gold purity, karat, and price of gold in Turkmenistan relate helps investors and buyers. This knowledge is key when buying gold in the Turkmen market.
Historical Gold Price Analysis in Turkmenistan Since 2017
Gold has been a favorite for investors in Turkmenistan. Looking at gold prices since 2017 shows us a lot. It helps us see the market’s ups and downs and the chances for making money.
The highest gold price in Turkmenistan was 9,782.06 TMT per ounce on October 30, 2024. Prices have changed daily, sometimes going down 0.1% and other times up 1.3%. This shows how the market can be unpredictable.
Looking at the years from 2017 to 2024, we see how gold prices have changed over time. This gives us a clear picture of the gold market in Turkmenistan.
| Year | Average Gold Price (TMT per ounce) | Yearly Change (%) |
|---|---|---|
| 2017 | 8,512.41 | – |
| 2018 | 8,675.66 | 1.9% |
| 2019 | 8,789.32 | 1.3% |
| 2020 | 8,945.11 | 1.8% |
| 2021 | 9,102.01 | 1.7% |
| 2022 | 9,312.45 | 2.3% |
| 2023 | 9,498.70 | 2.0% |
| 2024 | 9,671.43 | 1.8% |
This study on precious metals Ashgabat, Turkmenistan bullion dealers, and gold investment opportunities Turkmenistan is very useful. It shows how the market has done and how prices have changed. This helps investors and experts understand the gold market in Turkmenistan better.
“The decision of G7 countries to freeze the foreign-exchange reserves of the Bank of Russia drew attention to the potential benefits of holding reserves in a form better insulated from sanctions, leading to an acceleration in gold purchases by central banks in certain countries.”
As the Turkmen market keeps growing, knowing about gold prices in the past is very helpful. It helps Turkmenistan bullion dealers and gold investment opportunities Turkmenistan make smart choices. They can use this knowledge to find good chances in the precious metals Ashgabat world.
Conclusion
The gold market in Turkmenistan is always changing. Prices are affected by many things around the world and locally. Investors and traders can find real-time data on gold prices in. This helps them make smart choices.
Gold is very important in Turkmenistan’s money world. Prices show what’s happening globally and locally. It’s key to know how the Turkmen gold market works.
Knowing about the Turkmen gold market is very important. Things like weight, purity, and past prices matter a lot. Rules for gold in Turkmenistan, mining, and the Ashgabat exchange also affect prices.
By keeping up with the latest in the Turkmen gold market, you can do well. This guide has given you the knowledge to deal with the gold market confidently. It’s great for investors, traders, or anyone interested in Turkmenistan’s economy.