Turkish central bank led global gold sales in November

gold-coins

Turkey’s central bank sold nearly 3.6% of its gold holdings in November 2020, according to data published today (January 7) by the World Gold Council.

The Central Bank of the Republic of Turkey sold 20.9 tonnes of gold, lowering its total holdings to 547 tonnes. The CBRT led global gold sales among central banks in November.

Its holdings were little changed for much of last year. But in the three years from early 2017 to early 2020, the CBRT increased its gold holdings nearly five-fold.

Its

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: