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

NPR | By Hadeel Al-Shalchi

Published September 15, 2026 at 6:26 PM EDT

Billions of dollars worth of gold is held in Turkish households outside the banking system. The government aims to convince citizens to put it into the mainstream financial system to help the economy.

NPR News

Hadeel Al-Shalchi

Hadeel Al-Shalchi is NPR’s International Correspondent based in Istanbul.

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