Turkey's Gold Imports rise by 150%
Duncan Richardson, News Editor
17 Jan 2014, 12:50 p.m.
As the price of gold declined in 2013 some of the world’s central banks took advantage and increased their gold reserves. Turkey imported 302.3 tonnes in 2013 up from 120.78 tonnes in 2012 a staggering 150% increase. In 2013 central banks became net buyers of gold and consumer demand for gold accelerated.