Turkish households hold an estimated $311 billion worth of unregistered physical gold outside the formal financial system, a massive stockpile far exceeding the central bank’s official reserves. Beyond Banks: Türkiye Citizens Hold $311B in Physical Gold According to central bank estimates cited by Onur Erdogan for Türkiye Today, this “under-the-pillow” gold, calculated as of the […]
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$311B Worth of Pillow Gold: Türkiye Household Gold Hoard Dwarfs Central Bank Reserves
- by Jason Scott
- July 7, 2025
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- 6 hours ago
