ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Commodities

Turkey scrambles for gold, overtaking Russia as top buyer

Ankara's frictions with Washington fuel mad dash for the dollar alternative

Turkey has emerged as the world's largest buyer of gold for central-bank reserves this year.   © Reuters

TOKYO -- Turkey has overtaken Russia as the world's largest purchaser of gold amid concerns that it could be barred from dollar settlements over cooling ties with the U.S.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more