Turkey went on to sell and borrow gold worth nearly $20 billion to strengthen the Turkish pound. This move had a significant impact on the international prices of precious metal, causing concern on markets. Investors now express fears about Ankara's economic choices and the potential consequences of this strategy on the long-term stability of the Turkish currency and the country in general.
Analyticalally:
Turkey: Why did nearly $20 billion get rid of gold and what the markets are now afraid of – Newsbeast
play
