Turkey Central Bank Data Shows About 26 Tons of Gold Sold Last Week

Turkey Central Bank Data Shows About 26 Tons of Gold Sold Last Week

According to a banking source, central bank data indicated a roughly 26-ton gold sale during the week.

Fact Check
The claim is broadly supported, but the exact figure is not fully stable across sources. The strongest usable fetched source, 'Cost of Iran war climbs to $56B for Türkiye’s central bank,' says Reuters calculations based on bankers' estimates found Turkey's central bank sold 26 tons of gold in the relevant week. 'Türkiye sold 22 tons of gold in a single week, the highest weekly volume since 2018. | PANews' reports a similar event from reserve data, but gives a lower estimate of about 22 tons sold and also mentions gold swaps. This suggests the core claim—that central bank data and banker estimates pointed to a large one-week gold sale in roughly the low-to-mid 20 ton range—is probably true, while the precise 'about 26 tons' figure should be treated as an estimate rather than a firmly confirmed official number. The traced X source could not be fetched, so a direct primary-source verification was not achieved in this run.
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Terms & Concepts
  • Central bank reserves: Assets such as gold and foreign currency held by a central bank to support monetary and financial stability.