Turkey mulls tapping $135 billion gold reserve for lira defense | Forex Factory

Turkey mulls tapping $135 billion gold reserve for lira defense | Forex Factory

Turkey mulls tapping $135 billion gold reserve for lira defense

*TURKEY MULLS TAPPING $135 BILLION GOLD RESERVE FOR LIRA DEFENSE ...
— MarketNewsFeed (@MarketNews_Feed) March 24, 2026

Added at 6:06am

Turkey Mulls Tapping $135 Billion Gold Reserves for Lira Defense

Turkey’s central bank is preparing an expanded toolkit to defend the lira from Iran war-related volatility that includes potentially tapping its vast gold reserves, according to people familiar with the matter.… pic.twitter.com/GjTQg6o2bU
— Tracy Shuchart (𝒞𝒽𝒾 ) (@chigrl) March 24, 2026

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Mar 24, 2026 7:51am

Quoting Blessed-man

Disliked

Doesn't look like they have increased substantial holding in the last years, reserves value increased because of rising gold value. If Gold value accidentally drop to $1,000 (that $135b reserves become $40b) Using it to defend LIRA is another way of saying let us waste part of this Gold Reserve (to what extent will you defend, for how long?) Not sustainable

Ignored

its profit taking

people and governments with physical gold made lots of money the past couple years....thats how old this parabolic rise on gold is...look at a monthly chart... so after exchanges raising margins and then the war makin it crash time to unload physical gold and collect profits

gold will drop to the 2024 breakout prolly in 9 to 12 months if not sooner since price falls faster than it goes up since hump wants to send in marines reports are sayin

1

Mar 24, 2026 6:06am

I'm from turkey and that wouldn't even slightly help the economy and turkish lira. that would be wasting our gold reserves.

2

Mar 24, 2026 8:08am

Quoting TurboTax80

Disliked

Everyone reacting to nowadays news "buy now" "sell now"...now is a period of protecting ur capital...only trade when margins and spreads are normal and when u see a valid set up...what's the point of rushing in to catch moves right now during chaos then u lose ur acc whether funded or personal,then when the storm calms and there are better opportunities you have little or no capital...patience is very important right now...

Ignored

99.999% of those responses are bots. Just ignore them (not that you can actually ignore the users, because there are just too many), but it helps to think of them as AI/fake, so you aren't influenced.

The question becomes: will any be sold? If so, how much? Obviously not all. And what would be sold will be layered. $125B in a $40T market wouldn't even move the needle. The concern would be the knockon effects if other countries started doing the same...at the same time. But that has likely already happened.

Gold is cyclical, like anything else. It will see pullbacks and increases. Looking at it from a VERY long time frame you can start to see these patterns emerge (though few of us want to "trade" on an investment timeframe). The other thing to consider is how large pullbacks typically are (and over what period of time). In 2022, for example, gold fell...but over the course of a year. We just saw a similar move in a matter of weeks. That could tell us something about the possibility of near-term directional "normalization".

Mar 24, 2026 7:03am

Doesn't look like they have increased substantial holding in the last years, reserves value increased because of rising gold value. If Gold value accidentally drop to $1,000 (that $135b reserves become $40b)

Using it to defend LIRA is another way of saying let us waste part of this Gold Reserve (to what extent will you defend, for how long?)

Not sustainable

Mar 24, 2026 9:27am

Quoting ffghost

Disliked

{quote} 99.999% of those responses are bots. Just ignore them (not that you can actually ignore the users, because there are just too many), but it helps to think of them as AI/fake, so you aren't influenced. The question becomes: will any be sold? If so, how much? Obviously not all. And what would be sold will be layered. $125B in a $40T market wouldn't even move the needle. The concern would be the knockon effects if other countries started doing the same...at the same time. But that has likely already happened. Gold is cyclical, like anything...

Ignored

Consistently verbose. Market doesn’t care mate.

Is this “Ross Edwards”?

Mar 24, 2026 6:06am

Lol ate my buy trade. Turkiye i dont like u

2

Trader#C6DB

Mar 24, 2026 6:16am

believe in yourself, you can do it. God is with you

2

Mar 24, 2026 6:30am

What happened to gold is this sell was expected , i mean this volume

1

Mar 24, 2026 6:43am

Will recover soon.

Mar 24, 2026 11:28am

It seems that Turkish intelligence knows something that only a few know.

Mar 24, 2026 6:52am

I knew this will happen ....you can't hoard gold forever... Now all the countries will dump the Gold ...gold will go down below $1000

Mar 24, 2026 10:02am

Quoting ww3361

Disliked

{quote} Consistently verbose. Market doesn’t care mate. Is this “Ross Edwards”?

Ignored

Interesting connection of the dots.

Mar 24, 2026 6:05am

the hell

1

Trader#3D69

Mar 24, 2026 6:17am

Just blew 2.5 mil on my demo cause of this

2

Mar 24, 2026 6:48am

Everyone reacting to nowadays news "buy now" "sell now"...now is a period of protecting ur capital...only trade when margins and spreads are normal and when u see a valid set up...what's the point of rushing in to catch moves right now during chaos then u lose ur acc whether funded or personal,then when the storm calms and there are better opportunities you have little or no capital...patience is very important right now...

Mar 24, 2026 7:38am

Turkish diplomats are conducting behind-the-scenes negotiations between Iran and the United States. There is probably some kind of agreement in place, which is why they will sell gold. Tensions will decrease. Other countries will also follow this. We will watch and see. A pullback in gold will inevitably happen, and these sales will trigger each other.

Mar 24, 2026 7:47am

Turkish diplomats are conducting behind-the-scenes negotiations between Iran and the United States. There is probably some kind of agreement in place, which is why they will sell gold. Tensions will decrease. Other countries will also follow this. We will watch and see. A pullback in gold will inevitably happen, and these sales will trigger each other.

Mar 24, 2026 6:14am

shit man.. im running buy ,but my stop loss close time news this

Mar 24, 2026 6:05am

Gold is going to fly now ??????

Mar 24, 2026 6:06am

700 pips in 1 min

Trader#5BF9

Mar 24, 2026 6:06am

im out of ts

1

Mar 24, 2026 6:06am

just dumped

Mar 24, 2026 6:08am

not a single peaceful day for gold

Trader#07FB

Mar 24, 2026 6:08am

crazy man, yesterday trump statement now something wrong with this chicken

1

Mar 24, 2026 6:09am

messed up my trade smh

Mar 24, 2026 6:09am

Gold Going Dump to 4280
Sell Gold

Mar 24, 2026 6:10am

That's the reason of the spike

Mar 24, 2026 6:11am

Chai

Mar 24, 2026 6:13am

M going all in gold guys pray fr me

Trader#0044

Mar 24, 2026 6:15am

Pundachi mackal

1

Mar 24, 2026 6:17am

buddy never go all in man trade more not once

Mar 24, 2026 6:18am

stop lose

Mar 24, 2026 6:21am

gold sell

Mar 24, 2026 6:21am

I will manipulate market in evening

Mar 24, 2026 6:21am

Sell-off

Mar 24, 2026 6:23am

Market is moving to catch stops. Yesterday and today are not good to trade gold. Stay safe.

Mar 24, 2026 6:24am

fuck turkey

Mar 24, 2026 6:25am

Another dump would be nice, I was waiting to sell and just before I was gonna sell this shit happens

Mar 24, 2026 6:28am

Yesterday trump took away my sl today turkey

Mar 24, 2026 6:30am

Quoting ishan1992

Disliked

shit man.. im running buy ,but my stop loss close time news this

Ignored

Damnnnnnnn

Mar 24, 2026 6:33am

Wish Gold dump down another 2000/3000 pips

Mar 24, 2026 6:33am

Quoting trumptrader

Disliked

I will manipulate market in evening

Ignored

Oh Yeahhh Go trump Go

Mar 24, 2026 6:35am

Gold Buy

Mar 24, 2026 6:35am

WOW..This is Crazily Crazy

Mar 24, 2026 6:42am

Hi

Mar 24, 2026 6:51am

I sold and it hit my sl by a tick and go full sell on Gold

Mar 24, 2026 7:32am

But why ?

Mar 24, 2026 7:45am

now imagine when trump does this at golds all time high, good bye deficit

Mar 24, 2026 8:10am

With 3T$ in their gold mines, what are they waiting for?

Mar 24, 2026 8:31am

Dumping the markets like that should be illegal icl

Mar 24, 2026 12:44pm

i hope gold goes to 67 dollar a ounce, get it 67?

Trader#7B60

Mar 24, 2026 6:04am

Ohh

Trader#82C8

Mar 24, 2026 6:05am

House

Trader#304B

Mar 24, 2026 6:06am

Wow

Trader#696E

Mar 24, 2026 6:06am

LMAO so this was the drop

Trader#C130

Mar 24, 2026 6:06am

late news,. market reacted

Trader#75B7

Mar 24, 2026 6:07am

CODE NOW

Trader#493A

Mar 24, 2026 6:07am

hate this kind of SL...

Trader#71C2

Mar 24, 2026 6:08am

$7000

Trader#3E00

Mar 24, 2026 6:08am

Dropped

Trader#ECAE

Mar 24, 2026 6:08am

Up or down nex move?

Trader#018F

Mar 24, 2026 6:08am

Hey friend, what do you want to do? When you enter, everyone comes with their faces raised.

Trader#AA74

Mar 24, 2026 6:08am

500 pips buy position gone cost to cost, thank you turkey

Trader#8628

Mar 24, 2026 6:08am

WOW what a move man......I captured fastlty

Trader#B3DD

Mar 24, 2026 6:09am

i have been in the trade since 4 hours and then was about tw hit tp in 30 pips ! but stratight went to my sl !

Trader#FE8D

Mar 24, 2026 6:09am

Xau sell going well tho

Trader#531A

Mar 24, 2026 6:09am

May be gold will fly now

Trader#5232

Mar 24, 2026 6:09am

buy the gold now it was a manipulation

Trader#8274

Mar 24, 2026 6:09am

Thn

Trader#F470

Mar 24, 2026 6:09am

Go to hell

Trader#866F

Mar 24, 2026 6:09am

piyush bahi

Trader#2F4C

Mar 24, 2026 6:10am

big dump

Trader#63ED

Mar 24, 2026 6:10am

I literally longed the gold.

Trader#9D94

Mar 24, 2026 6:11am

That why 700pip

Trader#AC67

Mar 24, 2026 6:11am

Will it fall further?

Trader#866F

Mar 24, 2026 6:11am

Don't recognize me Piyush Bhai

Trader#4E47

Mar 24, 2026 6:11am

600 pips in just 1Min

Trader#201A

Mar 24, 2026 6:11am

I am not going to tell you anything.

Trader#D14E

Mar 24, 2026 6:11am

What hell

Trader#C76B

Mar 24, 2026 6:11am

4000$

Trader#5918

Mar 24, 2026 6:12am

Fucked 10k

Trader#AA12

Mar 24, 2026 6:12am

Dam nobody’s safe anymore

Trader#38E0

Mar 24, 2026 6:13am

Buy

Trader#DE06

Mar 24, 2026 6:13am

sl kha liya

Trader#B8C5

Mar 24, 2026 6:13am

any news related to gold

Trader#FCD1

Mar 24, 2026 6:13am

Buy or sell??

Trader#BD23

Mar 24, 2026 6:13am

How did you like it friends?

Trader#D567

Mar 24, 2026 6:14am

Lol

Trader#CAF7

Mar 24, 2026 6:14am

nice, so we can go back to 5000

Trader#B6DC

Mar 24, 2026 6:14am

Nice fall in Gold

Trader#B23B

Mar 24, 2026 6:14am

gold can go till 4100 again

Trader#D567

Mar 24, 2026 6:14am

Very big spike

Trader#F7AC

Mar 24, 2026 6:14am

Fucked

Trader#EBD2

Mar 24, 2026 6:16am

6 points away from +$4,000 on funded account, this news, account wiped out. Gold right back up without me.

Trader#2C7B

Mar 24, 2026 6:16am

3400 coming

Trader#BE20

Mar 24, 2026 6:16am

Just ate sell of my trade just above zone and boom

analysis was good. Anyways better luck next time

Trader#DB94

Mar 24, 2026 6:17am

Gold is going to 4326

Trader#B8C5

Mar 24, 2026 6:17am

hey bro can you help me i am new user of forex factory how to watch the news of btc and gold

Trader#646C

Mar 24, 2026 6:18am

market is liquidating anytime when it see majority in buying or selling it just take a dip or rise to make everyone panic

Trader#307F

Mar 24, 2026 6:18am

Just a shitty week more coming

Trader#C9E3

Mar 24, 2026 6:18am

Trader#C9E3

Mar 24, 2026 6:20am

yesterday up spike and now down spoke

trading nowadays

Trader#8611

Mar 24, 2026 6:20am

gold 1min 660 pips down

Trader#D639

Mar 24, 2026 6:22am

Gold no no nooo

Trader#8577

Mar 24, 2026 6:22am

Hate the name forever

Trader#5FBE

Mar 24, 2026 6:22am

But if it was Trump tweet.. you all go crazy mf

Trader#5E65

Mar 24, 2026 6:23am

nice sl..

Trader#033D

Mar 24, 2026 6:24am

HI

Trader#B6D2

Mar 24, 2026 6:26am

Nice

Trader#1168

Mar 24, 2026 6:27am

catch it

Trader#940C

Mar 24, 2026 6:27am

Just sold the candle before that and boom with slippage the trade turn from 300pips to 650 pips

Trader#EBD2

Mar 24, 2026 6:28am

Yesterday's bad gold news from Trump was at 7:05 AM EST. Today's bad gold new from Turkey was at 7:01 AM EST. Beware 7:00 AM EST.

Trader#5499

Mar 24, 2026 6:28am

Wtf happend to gold did trump tweeted smt ,…?

Trader#3AEC

Mar 24, 2026 6:29am

All my profits

Trader#CB69

Mar 24, 2026 6:30am

Yesterday Trump launched rocket and today turkey launched nuclear on my position thnx to all see u in another life

Trader#8298

Mar 24, 2026 6:31am

Quoting Selvaku

Disliked

Sell-off

Ignored

!

Trader#EBD2

Mar 24, 2026 6:33am

Quoting Trader#5499

Disliked

Wtf happend to gold did trump tweeted smt ,…?

Ignored

You're commenting on the story that tells you why.

Trader#BC6D

Mar 24, 2026 6:38am

someone just fucked with the turkey lira ,,fuck ,fuck ,fuck

Trader#6E8F

Mar 24, 2026 6:38am

Oh

Trader#4F7D

Mar 24, 2026 7:19am

It's an dangerous for all trader's like a minute news

Trader#008A

Mar 24, 2026 7:34am

By selling gold, Turkey will buy shekels (they).

Trader#47D6

Mar 24, 2026 7:46am

short Lira

Trader#F408

Mar 24, 2026 10:00am

Buy dollar

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Story Stats

Mar 24, 2026 6:04am
Posted by
Newsstand

High Impact Breaking

123

29.1K
Instruments:

USD/TRY, Gold/USD