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 Fed Chair Powell Stresses Patience on Rate Cuts Amid Inflation Battle READ MORE 3,000-Year-Old Phoenician Gold Artifact Discovered in Jerusalem READ MORE Traders Bet Big on Oil Futures Despite A Stagnant Market READ MORE The Day the Hunt Brothers Capped the Price of Gold (Part I) READ MORE Homeownership Hopelessness: Renters Doubt FuturePossibilities READ MORE Add a Comment Cancel replyYour email address will not be published.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
