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Turkey’s $8 Billion Gold Drawdown Since Iran War Hits Bullion

By Bloomberg Markets March 26, 2026 Bearish
Turkey’s $8 Billion Gold Drawdown Since Iran War Hits Bullion
Turkey’s central bank sold and swapped about 60 tons of gold, worth more than $8 billion, in two weeks after the start of the war in Iran, adding to downward pressure on bullion prices.
Turkey’s central bank sold and swapped about 60 tons of gold, worth more than $8 billion, in two weeks after the start of the war in Iran, adding to downward pressure on bullion prices.
Topics: Turkeycentral bankgold reservesgold prices