Buying Gold In Turkey

The turkish government is a unitary parliamentary constitutional republic.

Buying gold in turkey.

Dollars jumped by 15 billion in the last three weeks rising to a record level of nearly 220 billion reuters reported last week. Dollars last week as their local currency plummeted to new record lows against the u s. Hasan ayhan followed his wife s instructions last week and took their savings to buy gold at istanbul s grand bazaar as turks scooped up bullion worth 7 billion in a just a fortnight. But even if the central bank only purchased a third of that 3 8 million ounces it would still rank turkey among the top two or.

The country s largest city is istanbul while its capital is ankara. According to a bloomberg report the turkish central bank added 3 8 million ounces of gold worth almost 5 billion to its reserves this year. Do you think im wise does anyone no if the gold is halmarked. Turkey has a population of approximately 80 000 000 making it one of the most populous countries in the world.

Turkey is known officially as the republic of turkey. Local holdings of hard assets such as gold and u s. Officials say the number may be skewed higher due to commercial bank deposits. Turkey is buying gold.

I d like to say i have no interest whatsoever in gold but am listening to a lot of brits boasting about how the gold they have just brought here will be worth double in the uk. Turkish citizens rushed to buy gold and u s.