Since the global economic collapse, a plethora of nations have repatriated all or most of their gold holdings from other countries.
The list includes Austria, Germany, The Netherlands, Hungary, and many others.
The latest to quest their gold back is Turkey, which announced that it is repatriating all of its gold stored inside the Federal Reserve and to deliver it to the Istanbul Stock Exchange.
Istanbul is merely continuing its trend over the years. The Turkish government has so far repatriated 220 tons of gold, including 28.7 tons from the U.S. in 2017.
In total, Turkish gold reserves are just under $600 tons, or about $23 billion. It is also the 11th largest holder of gold, in the middle between Holland and India.
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