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Turkish central bank boosts gold reserves by 36.4 tonnes in two weeks as it closes swap positions
Türkiye’s central bank is rebuilding its gold reserves as it unwinds some of the dollar-for-gold swap positions it employed during peak market stress, with physical holdings rising to around 730 tonnes as of April 17, according to the latest data. The bank increased its gold reserves by 30.7 tonnes over the past week, the latest government data showed, bringing total gains to 36.4 tonnes in the past two weeks and reversing the steep drawdown from its earlier liquidity operations. The Turkish government opened approximately 73 tonnes worth of gold swap positions in March, while some of the central bank’s bullion ... (full story)
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- Apr 28, 2026 12:31pm Posted byFundamental Analysis237
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