Turkey’s gold sales deepen bullion slump
Central bank arranged $20bn of sales and swaps in March as it battled to support the lira
Central bank arranged $20bn of sales and swaps in March as it battled to support the lira

Central bank has spent $30bn to support lira as foreign investors sell Turkish assets during Iran war

Surge in bullion prices turns precious metals trading and vaulting into one of finance’s most profitable businesses

Geopolitical risks and worries about status of the greenback likely to drive further demand for bullion, survey shows

Long-running Iran sanctions-busting case resolved after Turkey helped arrange Gaza ceasefire deal

More countries are buying directly from artisanal miners as trafficking robs them of tax revenues and foreign exchange

Rapid post-Christmas surge unwinds, dragging down gold and other precious metals