Turkey Leads Central Banks in January Gold Purchases Turkey continued its trend of investing heavily in gold in January, purchasing 23 tonnes and maintaining its position as the world’s leading gold buyer among central banks for that period. This recent purchase has brought Turkey’s gold reserves to an all-time high of 565 tonnes. Globally, central banks have increased their gold reserves by a net total of 31 tonnes in January, marking a 16% rise from December’s figures. Following Turkey, the People’s Bank of China and the National Bank of Kazakhstan were significant buyers, adding 15 tonnes and 4 tonnes to their gold reserves, respectively. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts BRICS Expansion and De-Dollarization Efforts Challenge USand EU Economic Dominance READ MORE U.S. Labor Market Surges with 353,000 New Jobs in January, Crushing Expectations READ MORE US debt could balloon past the point of no return in 20 years. Here’s what it could mean and 3 assets investors can use to hedge, according to a Wharton professor. READ MORE ZeroHedge: $1 Trillion Per 100 Days READ MORE Fed's Hesitation on Rate Cuts Sends Oil Markets Downward READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment