World

Turkish Gold Stashing Hurts Economy

Updated 2026-09-16 01:10 UTC 1 source Negative

The Turkish government warns that the tradition of stashing gold at home is detrimental to the economy. For years, citizens have kept their wealth in physical form rather than depositing it in banks.

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NPR
For years, Turks have stashed their gold at home against a raining day, mistrustful of banks. Now the government says that tradition hurts the economy
2026-09-16 00:55 UTC
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