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Turkish 2012 gold imports up 51pc

gold--ISTANBUL: Turkish gold imports rose 51 percent to 120.78 tonnes in 2012 from 79.7 tonnes a year earlier, according to data released by the Istanbul Gold Exchange on Thursday.

 

Gold imports in December were 3.58 tonnes, up from 2.33 tonnes a year earlier.

 

Turkey's gold imports are typically higher during summer months as the metal is traditionally given as a gift at weddings and circumcision ceremonies.

 

Center>Copyright Reuters, 2013