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Central Banks’ Gold Demand Falls Again on Turkey’s Massive Sales
Politics

Central Banks’ Gold Demand Falls Again on Turkey’s Massive Sales

July 31, 2023 admin-dominor


Central banks’ gold demand fell for a third straight quarter as massive sales by Turkey outshone buying elsewhere.

Net purchases by the institutions declined 64% to 103 tons in the second quarter, according to a report by the World Gold Council. That took demand to the lowest in more than a year.



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