Regulatory Environment and Import Quotas

The Turkish government continues to implement strict measures to control the current account deficit linked to gold imports.

• Import Quotas: The quota system on unprocessed gold imports, managed through Borsa Istanbul, remains in effect for 2026. This has created a price gap between domestic and international gold prices (the "Turkey Premium").
• Traceability: New regulations require high-value jewelry items to have Mint-certified (Darphane) security labels to combat money laundering and tax evasion.