Just caught that Turkey's central bank is running a gold auction this week - swapping 10 tons of gold for lira. Interesting move to shore up the local currency, honestly. These kinds of auctions aren't uncommon when you're dealing with currency pressure, but it shows they're actively working to stabilize things. The Turkish economy's been navigating some choppy waters, so this is pretty telling about where they're focusing right now. Worth keeping an eye on how this impacts the lira going forward.

XAUUSD-2.41%
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