Turkey: A lot of gold and a record amount of silver imported

Turkey imported 73 percent more gold in August than in the previous month and imported more than 100 tons of silver for the first time.Turkey brought more gold into the country last month than it has done since January 2018.

According to Borsa Istanbul figures, 37.57 tons of gold were imported in August. Compared to the previous month there is an increase of 73 percent. Compared to August 2019, ggold imports have increased by 235 percent.

For the period from January to August, Turkish gold imports add up to 174 tons. This value is also three times as high (212 percent) as in the same period of 2019.