``Turkey imported 270.7 tonnes of gold in the first 11 months of the year, data from Borsa Istanbul showed, more than double 2012's full-year imports of 120.8 tonnes. Turkey, like most of the price-sensitive markets, saw this year's lower price level as an opportunity to replenish stocks and release some of the pent-up demand that has been building as consumers have been priced out of the market," Cameron Alexander, an analyst with Thomson Reuters GFMS, said. "Official coin demand has more than doubled, investment demand has also more than doubled, and jewellery demand has rebounded by around a fifth this year."

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