Turkey’s high inflation & regular currency depreciation over past few decades has fuelled growth in retail #gold demand in recent years. In Q2, this strength became overpowering: Bar & coin demand increased 5X boosting H1 demand to 98t Jewellery demand up 23% y/y, to 5-year high. https://bit.ly/3s8sVZr

Turkey’s high inflation & regular currency depreciation over past few decades has fuelled growth in retail #gold demand in recent years. In Q2, this strength became overpowering: Bar & coin demand increased 5X boosting H1 demand to 98t Jewellery demand up 23% y/y, to 5-year high. https://bit.ly/3s8sVZr

— MasterMetals (@MasterMetals) Aug 15, 2023

From MasterMetals
August 15, 2023 at 12:49PM
https://twitter.com/MasterMetals/status/1691401607991173121