---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/39556843.md"
description: "The ripple effects of the war have already begun.The plunge in gold 📉 won't stop.Turkey may be dragged into a very brutal financial defense war. The Turkish central bank has already been forced to use its gold reserves to support the lira.A country wouldn't do this unless it was at the end of its rope.This is like telling the whole world you have to sell your last-resort assets for cash, which will only further erode market confidence.The last country to sell gold to protect its exchange rate was Venezuela."
datetime: "2026-03-26T16:42:56.000Z"
locales:
  - [en](https://longbridge.com/en/topics/39556843.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/39556843.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/39556843.md)
author: "[浩浩荡荡地](https://longbridge.com/en/profiles/19784218.md)"
---

# The ripple effects of the war have already begun.T…