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Tag: gold

Türkiye logs larger-than-expected current account surplus in June
Economy

Türkiye logs larger-than-expected current account surplus in June

August 11, 2023August 11, 2023

Türkiye’s present account in June registered a surplus for the primary time in nearly two years, official knowledge confirmed Friday, pushed partly by sturdy tourism

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Türkiye unveils 20% extra charge for some gold imports
Economy

Türkiye unveils 20% extra charge for some gold imports

August 8, 2023August 8, 2023

Türkiye introduced a 20% extra cost for some gold imports Tuesday, as a part of efforts to rein within the detrimental influence on the present

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Türkiye eyes gold import quota to curb deficits, boost FX reserves
Economy

Türkiye eyes gold import quota to curb deficits, boost FX reserves

August 7, 2023August 7, 2023

Türkiye is planning to impose a quota on the imports of unprocessed gold because it seeks to curb the unfavorable influence of such imports on

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Türkiye’s selling spree drives fall in global central banks’ gold demand
Economy

Türkiye’s selling spree drives fall in global central banks’ gold demand

August 1, 2023August 1, 2023

The gold demand of central banks slowed considerably within the second quarter of this yr, primarily attributable to a excessive quantity of gross sales by

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Turkish central bank reverses rule on credit card cash withdrawals
Economy

Turkish central bank reverses rule on credit card cash withdrawals

May 19, 2023May 19, 2023

Türkiye’s central financial institution has rescinded its resolution made this week that mandated banks to carry securities for money withdrawals made utilizing bank cards and

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Gold investment in Türkiye reaches ‘phenomenal’ levels in Q1
Economy

Gold investment in Türkiye reaches ‘phenomenal’ levels in Q1

May 5, 2023May 5, 2023

Demand for gold in Türkiye maintains an unprecedented tempo as households proceed to see the favored commodity as a hedge towards inflation pressures. The nation’s

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Gold for waste plastic? Yes, in Indian Kashmir
World

Gold for waste plastic? Yes, in Indian Kashmir

April 22, 2023April 22, 2023

Plastic is the brand new gold. At least it might result in gold as Farooq Ahmad Ganai in Indian-administered Kashmir has been operating a program

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Chinese households turn to jewelry, gold as safe haven
Economy

Chinese households turn to jewelry, gold as safe haven

April 18, 2023April 18, 2023

Violet Zhu, a Shanghai-based digital elements exporter, has been attending jewellery auctions and chatting on social media boards this 12 months, trying to put money

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Türkiye to halt some gold imports to soften quakes’ impact: Report
Economy

Türkiye to halt some gold imports to soften quakes’ impact: Report

February 15, 2023February 15, 2023

Türkiye is about to droop some gold imports, aiming to ease the financial affect of devastating earthquakes that struck the southeastern area final week, a

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CBRT biggest buyer as global central banks add most gold since 1967
Economy

CBRT biggest buyer as global central banks add most gold since 1967

February 7, 2023February 7, 2023

Huge demand within the second half of 2022 took the annual shopping for of gold by world central banks to a 55-year excessive, with the

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