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 Central Banks Tread Cautiously in Final Stretch of Inflation Battle READ MORE Oil's Surge: Algorithmic Buying Meets Geopolitical Tensions READ MORE European Central Bank should cut in June to avoid falling behind inflation curve, policymaker says READ MORE S&P 500 Nears Record High, Metals Shine Amid Dollar Dip READ MORE U.S. Treasury to Boost Long-Term Debt Sales READ MORE Add a Comment Cancel replyYour email address will not be published.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
