GOLD
Turkey’s central bank is hoarding gold again. The question is, how much and why?
Official data show Turkey added 3.8-million ounces of gold worth almost $5-billion to reserves this year. While actual purchases could be much less – the figure is skewed by metal deposited by commercial banks – even if Turkey bought just one-third of the reported amount, it would still rank among the top two or three buyers this year.
Please enter the email address that you used to subscribe to Research Channel. Your password will be sent to this address.
Don't have any login details?
Free Trial Access