The Ministry of Treasury and Finance has initiated efforts to prevent abuses related to “cut gold”, which has seen an increase in trading activity in recent times. As a result of the decision taken, a ban has been imposed on cut gold. So, what is cut gold, and why was it banned?Cut gold is a type of gold typically used for investment or ornamental purposes, without a specific shape or imprint. Its name comes from the gold being cut into small pieces of specific weights. Especially used frequently in the jewelry sector in Turkey, this term is also used to describe types of gold such as gram gold, scrap gold, or gold with low labor costs. Investors usually prefer this type of gold due to its low labor costs.Purity (Fineness):It is usually produced as 22-carat or 24-carat gold.24-carat gold is 99.99% pure gold and the most valuable form.22-carat gold is 91.6% pure and more durable.Weight:It is usually sold based on weight (for example, 1 gram, 5 grams, 10 grams, etc.).Options with low weights are popular among small investors.Shape and Structure:It has a flat, thin, and sheet-like structure.It is preferred for its easy portability and storage capabilities.By the year 2025, in order to prevent abuses in the gold market and effectively combat informal economic activities, the Ministry of Treasury and Finance has restricted the sale of gold known as “cut gold” or “pulled gold,” which are thin strips of gold. Cut gold without a barcode or serial number paves the way for counterfeiting and fraud. This situation leads to investors being victimized and creates distrust in the market. This regulation has been implemented to enhance trust in the gold market and protect investors.