Turkey’s gold imports hit record in 2013 (Up 150% from 2012)

Turkey’s gold imports jumped to their highest annual level on record in 2013 due to a considerable drop in market prices as well as the country’s ongoing gold-for-gas trade with Iran. Turkey imported 302.3 tons of gold through the 12 months of the year, data from Borsa Istanbul showed, recording a 150 percent rise from the previous year’s level of 120.78 tons.

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