Turkish consumers’ demand for gold plunges in third quarter
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ISTANBUL Turkish consumers ’ demand for gold declined by 45 percent in the third quarter of 2024 from a year ago to 22.1 tons, according to a report by the World Gold Council. Demand was down 43.4 percent compared with the second quarter of this year. The demand for gold in the third quarter was the lowest since the second quarter of 2022. Local demand for jewelry was 9.4 tons, translating into a 27 percent decline from the third quarter of last year. But jewelry demand rose 14 percent from the
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