In order to prevent abuses related to the increasing trade of “cut gold” in recent times, the Ministry of Treasury and Finance has initiated a study. As a result of the decision taken, cut gold has been banned. So, what is cut gold and why was it banned? Cut gold is a type of gold generally used for investment or jewelry purposes, with no specific shape or stamp. Its name comes from the fact that gold is cut into small pieces of certain weights. This term, frequently used in the jewelry sector in Turkey, is also used to describe gram gold, scrap gold, or low labor cost gold varieties. Investors often prefer this type of gold due to its low labor cost.

Purity (Fineness):It is usually produced as 22 carats or 24 carats.24-carat gold is 99.99% pure gold and is the most valuable form.22-carat gold is 91.6% pure and more durable.Weight:It is usually sold based on weight (e.g., 1 gram, 5 grams, 10 grams, etc.).Low-weight options are popular for small investors.Shape and Structure:It has a flat, thin, plate-like structure. It is preferred for its ease of transport and storage.

In 2025, the Ministry of Treasury and Finance restricted the sale of thin strips of gold known as “cut gold” or “drawn gold” in order to prevent abuses in the gold market and to combat informal economic activities more effectively. Cut gold without a barcode or serial number facilitates counterfeit production and fraud. This situation causes both investors to be victims and creates insecurity in the market. This regulation has been implemented to increase reliability in the gold market and to protect investors.