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readthenotes1 12 hours ago

Türkiye sold, literally, tons of it at the start of the war and that's one of the reasons the price went down.

Before the war central banks were buying it up like crazy. Iirc, it has surpassed US treasuries as assets for the first time quite a while.

https://www.reuters.com/world/middle-east/turkish-gold-reser...