The Central Bank of Turkey continues to actively increase its gold reserves, as reported by Kazinform. In recent years, the country has made a decision to strengthen financial stability against the backdrop of growing global demand for this precious metal.
According to the World Gold Council's report for the third quarter of 2025, global demand for gold increased by 3% compared to the previous year, reaching a record 1,313 tons. In response, central banks of various countries have increased their reserves, adding 220 tons in the quarter.
Among the leading gold buyers are Kazakhstan with 18 tons, Brazil with 15 tons, and Turkey, which purchased 7 tons. According to Turkish media, the total volume of gold reserves of the Central Bank of Turkey has reached 641 tons after recent operations.
In the context of economic uncertainty and geopolitical risks, experts emphasize that central banks' interest in gold is significantly increasing. For Turkey, gold is an important tool for protection against currency fluctuations and strengthening the country's financial independence.
