Gold coin

Amid capital controls, BoG’s latest issue of gold coins sells out

The latest issue of commemorative gold coins issued by the Bank of Greece, as well as last year’s issue, have sold out, given Greek investors’ efforts over the past few months to try and find a “safer haven” in the still “capital controlled” and political crisis-plagued Greek economy.

Getting gold out from under Turkish mattresses

Turks still favor a timeless investment strategy: Buy gold and hide it somewhere safe, usually under a pillow or under the mattress.

"I don't understand modern investments like stocks and forex. Gold is my family's traditional investment, as my mother always encouraged me to buy gold for savings," says 36-year-old Selda Kırpınar in Ankara, who stores away her gold at home.