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NPR

Turks often keep gold as a hedge against inflation. It may be hurting Turkey's future

Tuesday, September 15, 2026


Turkish households hold billions of dollars in gold outside the banking system. The Turkish government has launched efforts to encourage citizens to deposit this gold into mainstream financial institutions.

Original reporting: https://www.npr.org/2026/09/15/nx-s1-5949212/turks-often-keep-gold-as-a-hedge-against-inflation-it-may-be-hurting-turkeys-future

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