47 Days_1777292798912_197359786.jpg&w=48&q=75)
Source:
عكس السير
Gold price decline erases $155 billion in wealth for Turks
Approximately 155 billion dollars of Turkish gold holdings have been lost since February, due to a drop in its price from over $5,400 to around $4,100 per ounce. This decline has weakened household income and contributed to a slowdown in domestic demand for the metal. Gold has traditionally been used as a savings vehicle; last year's rising prices supported demand, but it declined as interest rates stabilized and inflation, which dropped to 32.1% in June, eased amid reduced price pressures in Turkey.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)