Online gold sales jump

ANKARA - Anadolu Agency

The volume of online gold sales reached 4.3 billion Turkish Liras in the first six months of the year, revealing a 38 percent increase from last year.

Spurred by global price changes as well as the ongoing strike at Turkey’s mint, the volatility in the gold coin supply has made people lean toward the virtual market, which has been seen as a safer way.

The number of gold sale transactions online reached 1.3 million with a 38.3 percent rise in the first half of the year, while the volume of sales reached 4.3 billion liras, according to Turkish Banks Association (TBB) statistics.

Online gold purchases accounted more than half of the total transactions.