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Turkish investors flock to gold amid Middle East turmoils

STORY: Turkish investors flock to gold amid Middle East turmoils SHOOTING TIME: April 17, 2024 DATELINE: April 24, 2024 LENGTH: 00:02:01 LOCATION: ISTANBUL, Türkiye CATEGORY: ECONOMY SHOTLIST: 1. various of aerial view of Istanbul, Türkiye 2. various of Kuyumcukent, the center of the jewelry industry in Istanbul, Türkiye 3. SOUNDBITE 1 (Turkish): FARUK MUTLU, Turkish citizen 4. various of people buying gold from a jewelry store in Istanbul, Türkiye 5. SOUNDBITE 2 (Turkish): RIZA GOKAY TUGSAVROL, Owner of Harem Gold 6. various of gold information 7. SOUNDBITE 3 (Turkish): MURAT TUFAN, Analyst with the Ekoturk broadcaster STORYLINE: Faruk Mutlu, a Turkish citizen, stepped into a bustling jewelry store in Türkiye's vibrant city of Istanbul. Armed with his savings, he resolved to convert them into gold, an alternative he deems "always valuable." With the escalating tensions in the Middle East at the beginning of last week, rumors swirled of an imminent rise in gold prices, prompting Mutlu to seize the opportu

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Earthquake Hits Syria

Search and rescue teams in action to save people from the damaged building in Syria on February 9, 2023, in Harem. A magnitude 7.8 earthquake, followed by a magnitude 7.5 tremor, killed more than 2,600 people in southeastern Turkey and northwestern Syria on February 6, 2023. Photo by Moawia Atrash/Middle East Images/ABACAPRESS.COM

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Earthquake Hits Syria

Search and rescue teams in action to save people from the damaged building in Syria on February 9, 2023, in Harem. A magnitude 7.8 earthquake, followed by a magnitude 7.5 tremor, killed more than 2,600 people in southeastern Turkey and northwestern Syria on February 6, 2023. Photo by Moawia Atrash/Middle East Images/ABACAPRESS.COM

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Earthquake Hits Syria

Search and rescue teams in action to save people from the damaged building in Syria on February 9, 2023, in Harem. A magnitude 7.8 earthquake, followed by a magnitude 7.5 tremor, killed more than 2,600 people in southeastern Turkey and northwestern Syria on February 6, 2023. Photo by Moawia Atrash/Middle East Images/ABACAPRESS.COM

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Earthquake Hits Syria

Search and rescue teams in action to save people from the damaged building in Syria on February 9, 2023, in Harem. A magnitude 7.8 earthquake, followed by a magnitude 7.5 tremor, killed more than 2,600 people in southeastern Turkey and northwestern Syria on February 6, 2023. Photo by Moawia Atrash/Middle East Images/ABACAPRESS.COM

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Earthquake Hits Syria

Search and rescue teams in action to save people from the damaged building in Syria on February 9, 2023, in Harem. A magnitude 7.8 earthquake, followed by a magnitude 7.5 tremor, killed more than 2,600 people in southeastern Turkey and northwestern Syria on February 6, 2023. Photo by Moawia Atrash/Middle East Images/ABACAPRESS.COM

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Earthquake Hits Syria

Search and rescue teams in action to save people from the damaged building in Syria on February 9, 2023, in Harem. A magnitude 7.8 earthquake, followed by a magnitude 7.5 tremor, killed more than 2,600 people in southeastern Turkey and northwestern Syria on February 6, 2023. Photo by Moawia Atrash/Middle East Images/ABACAPRESS.COM

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Earthquake Hits Syria

Search and rescue teams in action to save people from the damaged building in Syria on February 9, 2023, in Harem. A magnitude 7.8 earthquake, followed by a magnitude 7.5 tremor, killed more than 2,600 people in southeastern Turkey and northwestern Syria on February 6, 2023. Photo by Moawia Atrash/Middle East Images/ABACAPRESS.COM

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Earthquake Hits Syria

Search and rescue teams in action to save people from the damaged building in Syria on February 9, 2023, in Harem. A magnitude 7.8 earthquake, followed by a magnitude 7.5 tremor, killed more than 2,600 people in southeastern Turkey and northwestern Syria on February 6, 2023. Photo by Moawia Atrash/Middle East Images/ABACAPRESS.COM

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Earthquake Hits Syria

Search and rescue teams in action to save people from the damaged building in Syria on February 9, 2023, in Harem. A magnitude 7.8 earthquake, followed by a magnitude 7.5 tremor, killed more than 2,600 people in southeastern Turkey and northwestern Syria on February 6, 2023. Photo by Moawia Atrash/Middle East Images/ABACAPRESS.COM

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Earthquake Hits Syria

Search and rescue teams in action to save people from the damaged building in Syria on February 9, 2023, in Harem. A magnitude 7.8 earthquake, followed by a magnitude 7.5 tremor, killed more than 2,600 people in southeastern Turkey and northwestern Syria on February 6, 2023. Photo by Moawia Atrash/Middle East Images/ABACAPRESS.COM

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Earthquake Hits Syria

Search and rescue teams in action to save people from the damaged building in Syria on February 9, 2023, in Harem. A magnitude 7.8 earthquake, followed by a magnitude 7.5 tremor, killed more than 2,600 people in southeastern Turkey and northwestern Syria on February 6, 2023. Photo by Moawia Atrash/Middle East Images/ABACAPRESS.COM

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Earthquake Hits Syria

Aerial view of an area where the temporary tent houses are located in Syria on February 9, 2023, in Harem. A magnitude 7.8 earthquake, followed by a magnitude 7.5 tremor, killed more than 2,600 people in southeastern Turkey and northwestern Syria on February 6, 2023. Photo by Moawia Atrash/Middle East Images/ABACAPRESS.COM

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Earthquake Hits Syria

Search and rescue teams in action to save people from the damaged building in Syria on February 9, 2023, in Harem. A magnitude 7.8 earthquake, followed by a magnitude 7.5 tremor, killed more than 2,600 people in southeastern Turkey and northwestern Syria on February 6, 2023. Photo by Moawia Atrash/Middle East Images/ABACAPRESS.COM

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Earthquake Hits Syria

Search and rescue teams in action to save people from the damaged building in Syria on February 9, 2023, in Harem. A magnitude 7.8 earthquake, followed by a magnitude 7.5 tremor, killed more than 2,600 people in southeastern Turkey and northwestern Syria on February 6, 2023. Photo by Moawia Atrash/Middle East Images/ABACAPRESS.COM

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Earthquake Hits Syria

Search and rescue teams in action to save people from the damaged building in Syria on February 9, 2023, in Harem. A magnitude 7.8 earthquake, followed by a magnitude 7.5 tremor, killed more than 2,600 people in southeastern Turkey and northwestern Syria on February 6, 2023. Photo by Moawia Atrash/Middle East Images/ABACAPRESS.COM

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Earthquake Hits Syria

Aerial view of an area where the temporary tent houses are located in Syria on February 9, 2023, in Harem. A magnitude 7.8 earthquake, followed by a magnitude 7.5 tremor, killed more than 2,600 people in southeastern Turkey and northwestern Syria on February 6, 2023. Photo by Moawia Atrash/Middle East Images/ABACAPRESS.COM

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Earthquake Hits Syria

People were living in the temporary tent houses in Syria on February 9, 2023, in Harem. A magnitude 7.8 earthquake, followed by a magnitude 7.5 tremor, killed more than 2,600 people in southeastern Turkey and northwestern Syria on February 6, 2023. Photo by Moawia Atrash/Middle East Images/ABACAPRESS.COM

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Earthquake Hits Syria

Aerial view of a damaged building after the earthquake in Syria on February 9, 2023, in Harem. A magnitude 7.8 earthquake, followed by a magnitude 7.5 tremor, killed more than 2,600 people in southeastern Turkey and northwestern Syria on February 6, 2023. Photo by Moawia Atrash/Middle East Images/ABACAPRESS.COM

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Earthquake Hits Syria

Aerial view of a damaged building after the earthquake in Syria on February 9, 2023, in Harem. A magnitude 7.8 earthquake, followed by a magnitude 7.5 tremor, killed more than 2,600 people in southeastern Turkey and northwestern Syria on February 6, 2023. Photo by Moawia Atrash/Middle East Images/ABACAPRESS.COM

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Earthquake Hits Syria

Aerial view of an area where the temporary tent houses are located in Syria on February 9, 2023, in Harem. A magnitude 7.8 earthquake, followed by a magnitude 7.5 tremor, killed more than 2,600 people in southeastern Turkey and northwestern Syria on February 6, 2023. Photo by Moawia Atrash/Middle East Images/ABACAPRESS.COM

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Earthquake Hits Syria

Aerial view of a damaged building after the earthquake in Syria on February 9, 2023, in Harem. A magnitude 7.8 earthquake, followed by a magnitude 7.5 tremor, killed more than 2,600 people in southeastern Turkey and northwestern Syria on February 6, 2023. Photo by Moawia Atrash/Middle East Images/ABACAPRESS.COM

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Earthquake Hits Syria

Aerial view of an area where the temporary tent houses are located in Syria on February 9, 2023, in Harem. A magnitude 7.8 earthquake, followed by a magnitude 7.5 tremor, killed more than 2,600 people in southeastern Turkey and northwestern Syria on February 6, 2023. Photo by Moawia Atrash/Middle East Images/ABACAPRESS.COM

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Earthquake Hits Syria

Aerial view of a damaged building after the earthquake in Syria on February 9, 2023, in Harem. A magnitude 7.8 earthquake, followed by a magnitude 7.5 tremor, killed more than 2,600 people in southeastern Turkey and northwestern Syria on February 6, 2023. Photo by Moawia Atrash/Middle East Images/ABACAPRESS.COM

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Earthquake Hits Syria

Aerial view of a damaged building after the earthquake in Syria on February 9, 2023, in Harem. A magnitude 7.8 earthquake, followed by a magnitude 7.5 tremor, killed more than 2,600 people in southeastern Turkey and northwestern Syria on February 6, 2023. Photo by Moawia Atrash/Middle East Images/ABACAPRESS.COM

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Earthquake Hits Syria

Children saved from the earthquake in the tent area in Syria on February 9, 2023, in Harem. A magnitude 7.8 earthquake, followed by a magnitude 7.5 tremor, killed more than 2,600 people in southeastern Turkey and northwestern Syria on February 6, 2023. Photo by Moawia Atrash/Middle East Images/ABACAPRESS.COM

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Earthquake Hits Syria

People were living in the temporary tent houses in Syria on February 9, 2023, in Harem. A magnitude 7.8 earthquake, followed by a magnitude 7.5 tremor, killed more than 2,600 people in southeastern Turkey and northwestern Syria on February 6, 2023. Photo by Moawia Atrash/Middle East Images/ABACAPRESS.COM

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Earthquake Hits Syria

Aerial view of a damaged building after the earthquake in Syria on February 9, 2023, in Harem. A magnitude 7.8 earthquake, followed by a magnitude 7.5 tremor, killed more than 2,600 people in southeastern Turkey and northwestern Syria on February 6, 2023. Photo by Moawia Atrash/Middle East Images/ABACAPRESS.COM

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Earthquake Hits Syria

Aerial view of a damaged building after the earthquake in Syria on February 9, 2023, in Harem. A magnitude 7.8 earthquake, followed by a magnitude 7.5 tremor, killed more than 2,600 people in southeastern Turkey and northwestern Syria on February 6, 2023. Photo by Moawia Atrash/Middle East Images/ABACAPRESS.COM

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Earthquake Hits Syria

Aerial view of a damaged building after the earthquake in Syria on February 9, 2023, in Harem. A magnitude 7.8 earthquake, followed by a magnitude 7.5 tremor, killed more than 2,600 people in southeastern Turkey and northwestern Syria on February 6, 2023. Photo by Moawia Atrash/Middle East Images/ABACAPRESS.COM

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Earthquake Hits Syria

A view of a damaged building in Syria on February 9, 2023, in Harem. A magnitude 7.8 earthquake, followed by a magnitude 7.5 tremor, killed more than 2,600 people in southeastern Turkey and northwestern Syria on February 6, 2023. Photo by Moawia Atrash/Middle East Images/ABACAPRESS.COM

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Earthquake Hits Syria

Aerial view of a damaged building after the earthquake in Syria on February 9, 2023, in Harem. A magnitude 7.8 earthquake, followed by a magnitude 7.5 tremor, killed more than 2,600 people in southeastern Turkey and northwestern Syria on February 6, 2023. Photo by Moawia Atrash/Middle East Images/ABACAPRESS.COM

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Earthquake Hits Syria

Aerial view of a damaged building after the earthquake in Syria on February 9, 2023, in Harem. A magnitude 7.8 earthquake, followed by a magnitude 7.5 tremor, killed more than 2,600 people in southeastern Turkey and northwestern Syria on February 6, 2023. Photo by Moawia Atrash/Middle East Images/ABACAPRESS.COM

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Earthquake Hits Syria

Aerial view of a damaged building after the earthquake in Syria on February 9, 2023, in Harem. A magnitude 7.8 earthquake, followed by a magnitude 7.5 tremor, killed more than 2,600 people in southeastern Turkey and northwestern Syria on February 6, 2023. Photo by Moawia Atrash/Middle East Images/ABACAPRESS.COM

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Earthquake Hits Syria

Aerial view of a damaged building after the earthquake in Syria on February 9, 2023, in Harem. A magnitude 7.8 earthquake, followed by a magnitude 7.5 tremor, killed more than 2,600 people in southeastern Turkey and northwestern Syria on February 6, 2023. Photo by Moawia Atrash/Middle East Images/ABACAPRESS.COM

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Earthquake Hits Syria

A view of a damaged building in Syria on February 9, 2023, in Harem. A magnitude 7.8 earthquake, followed by a magnitude 7.5 tremor, killed more than 2,600 people in southeastern Turkey and northwestern Syria on February 6, 2023. Photo by Moawia Atrash/Middle East Images/ABACAPRESS.COM

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Earthquake Hits Syria

Aerial view of a damaged building after the earthquake in Syria on February 9, 2023, in Harem. A magnitude 7.8 earthquake, followed by a magnitude 7.5 tremor, killed more than 2,600 people in southeastern Turkey and northwestern Syria on February 6, 2023. Photo by Moawia Atrash/Middle East Images/ABACAPRESS.COM

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Earthquake Hits Syria

A view of a damaged building in Syria on February 9, 2023, in Harem. A magnitude 7.8 earthquake, followed by a magnitude 7.5 tremor, killed more than 2,600 people in southeastern Turkey and northwestern Syria on February 6, 2023. Photo by Moawia Atrash/Middle East Images/ABACAPRESS.COM

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Earthquake Hits Syria

A Syrian family who lost their homes tries to warm up with the fire outside from their tents in Syria on February 9, 2023, in Harem. A magnitude 7.8 earthquake, followed by a magnitude 7.5 tremor, killed more than 2,600 people in southeastern Turkey and northwestern Syria on February 6, 2023. Photo by Moawia Atrash/Middle East Images/ABACAPRESS.COM

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Earthquake Hits Syria

A view of a damaged building in Syria on February 9, 2023, in Harem. A magnitude 7.8 earthquake, followed by a magnitude 7.5 tremor, killed more than 2,600 people in southeastern Turkey and northwestern Syria on February 6, 2023. Photo by Moawia Atrash/Middle East Images/ABACAPRESS.COM

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Earthquake Hits Syria

A Syrian children are outside from their tents in Syria on February 9, 2023, in Harem. A magnitude 7.8 earthquake, followed by a magnitude 7.5 tremor, killed more than 2,600 people in southeastern Turkey and northwestern Syria on February 6, 2023. Photo by Moawia Atrash/Middle East Images/ABACAPRESS.COM

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Earthquake Hits Syria

Aerial view of a damaged buildings after the earthquake in Syria on February 8, 2023, in Harem. A magnitude 7.8 earthquake, followed by a magnitude 7.5 tremor, killed more than 2,600 people in southeastern Turkey and northwestern Syria on February 6, 2023. Photo by Moawia Atrash/Middle East Images/ABACAPRESS.COM

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Earthquake Hits Syria

A Syrian girl eats bread outside from her tents in Syria on February 9, 2023, in Harem. A magnitude 7.8 earthquake, followed by a magnitude 7.5 tremor, killed more than 2,600 people in southeastern Turkey and northwestern Syria on February 6, 2023. Photo by Moawia Atrash/Middle East Images/ABACAPRESS.COM

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Earthquake Hits Syria

Aerial view of a damaged building after the earthquake in Syria on February 8, 2023, in Harem. A magnitude 7.8 earthquake, followed by a magnitude 7.5 tremor, killed more than 2,600 people in southeastern Turkey and northwestern Syria on February 6, 2023. Photo by Moawia Atrash/Middle East Images/ABACAPRESS.COM

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Earthquake Hits Syria

Aerial view of a damaged building after the earthquake in Syria on February 8, 2023, in Harem. A magnitude 7.8 earthquake, followed by a magnitude 7.5 tremor, killed more than 2,600 people in southeastern Turkey and northwestern Syria on February 6, 2023. Photo by Moawia Atrash/Middle East Images/ABACAPRESS.COM

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Earthquake Hits Syria

A Syrian family eats food outside from their tents in Syria on February 9, 2023, in Harem. A magnitude 7.8 earthquake, followed by a magnitude 7.5 tremor, killed more than 2,600 people in southeastern Turkey and northwestern Syria on February 6, 2023. Photo by Moawia Atrash/Middle East Images/ABACAPRESS.COM

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Earthquake Hits Syria

Aerial view of a damaged building after the earthquake in Syria on February 8, 2023, in Harem. A magnitude 7.8 earthquake, followed by a magnitude 7.5 tremor, killed more than 2,600 people in southeastern Turkey and northwestern Syria on February 6, 2023. Photo by Moawia Atrash/Middle East Images/ABACAPRESS.COM

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Earthquake Hits Syria

Aerial view of a damaged building after the earthquake in Syria on February 8, 2023, in Harem. A magnitude 7.8 earthquake, followed by a magnitude 7.5 tremor, killed more than 2,600 people in southeastern Turkey and northwestern Syria on February 6, 2023. Photo by Moawia Atrash/Middle East Images/ABACAPRESS.COM

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Earthquake Hits Syria

Aerial view of a damaged building after the earthquake in Syria on February 8, 2023, in Harem. A magnitude 7.8 earthquake, followed by a magnitude 7.5 tremor, killed more than 2,600 people in southeastern Turkey and northwestern Syria on February 6, 2023. Photo by Moawia Atrash/Middle East Images/ABACAPRESS.COM

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The Favorite; Intimate Power (1989)

Harem Film: The Favorite; Intimate Power (1985) 12 October 1989 Date: 12 October 1989