Turkish Consumers Take Gold Profits, After Strong Year For Demand In 2013

Turkish consumers are taking advantage of gold's recent rally to sell off the precious metal, even as trade statistics show a remarkable year for Turkish gold demand in 2013. "A lot of people are selling back the gold they purchased last year, having made quite a reasonable return on it," Andrew Leyland, manager of precious metals demand at the Thomson Reuters GFMS metals consultancy, told International Business Times.