July 19, 2011

Buying gold? Try Istanbul’s Grand Bazaar

In Istanbul’s Grand Bazaar, traders have been buying and selling gold since 1461, the early days of the Ottoman Empire. Its shops attract between 250,000 and half a million visitors annually.

One Moroccan tourist on a visit to the market told euronews the quality of gold varies from one store to another, but the prices are usually good. “Nevertheless, I always negotiate,” he said.

An estimated 22 billion euros worth of gold is traded at the Grand Bazaar each year.

Read more & Watch the Video on EuroNews: Buying gold? Try Istanbul’s Grand Bazaar


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