Türkiye bolsters gold reserves with 55-ton increase

Türkiye's central bank significantly boosted its gold holdings in the first four months of 2024, according to data from the International Monetary Fund (IMF).
The data reveals that Türkiye acquired a substantial 55 tons and 564 kilograms of gold between January and April. This surge brings the country's total gold reserves to a hefty 781 tons and 957 kilograms.
This accumulation marks a continuation of Türkiye's focus on gold reserves. The nation's holdings stood at 542 tons at the close of 2022 and climbed to 726 tons by the end of 2023. The latest increase indicates an ongoing strategy to bolster its gold reserves. (ILKHA)
LEGAL WARNING: All rights of the published news, photos and videos are reserved by İlke Haber Ajansı Basın Yayın San. Trade A.Ş. Under no circumstances can all or part of the news, photos and videos be used without a written contract or subscription.
Turkish President Recep Tayyip Erdoğan outlined Türkiye’s ambitious export and economic goals during his address at the 32nd Ordinary General Assembly of the Türkiye Exporters Assembly (TİM) and the Export Champions Award Ceremony held in Istanbul.
Türkiye’s foreign trade deficit grew by 2.7% in May 2025, reaching $6.645 billion, according to provisional data from the Turkish Statistical Institute (TÜİK) and the Ministry of Trade.
The Governor of Da Afghanistan Bank has travelled to Rabat, Morocco, leading a delegation to attend the annual Islamic Financial Services Board (IFSB) summit, scheduled for July 1–3 under the auspices of Bank Al-Maghrib, Morocco’s central bank.
Türkiye’s labor market showed signs of improvement as the seasonally adjusted unemployment rate fell to 8.4% in May 2025, down 0.2 percentage points from April, according to the Turkish Statistical Institute (TurkStat) Household Labour Force Survey.