With oil prices rising, the lira falling, and foreign exchange reserves depleted, Türkiye is pledging its gold reserves for dollars. Who will be next? Will this event ultimately damage the fundamentals of the gold market?

2026-03-27

With oil prices rising, the lira falling, and foreign exchange reserves depleted, Türkiye is pledging its gold reserves for dollars. Who will be next? Will this event ultimately damage the fundamentals of the gold market?