Exactly 5 thousand tons of gold under the pillow! Its value is jaw-dropping

It is thought that there are 5 thousand tons of gold under the pillow in Türkiye. (A News archive)

Stating that the figures pronounced as 5 thousand tons could be more accurate and that his own estimates were in this direction, Atayık noted the following: "In order to confirm this prediction, the number of households in Turkey, which is 20 million 200 thousand, and the figure pronounced regarding Turkey's population, which is 85 million, can be used to form an opinion on whether the amount under the pillow is rational or not. Considering that the monetary equivalent of the under-pillow savings is around 107 thousand dollars per kilogram today, we can say that it corresponds to a value of approximately 500 billion dollars and above."

The value of gold found under the pillow is estimated to be 500 billion dollars. (A News archive)

"40-50 PERCENT OF THE TOTAL AMOUNT IMPORTED IS USED IN THE SECTOR"

Stating that as a result of the data they obtained from the Gold Miners Association , production was carried out in 18 separate gold mine sites for which feasibility studies and applications were made as of 2023, Atayık said, "Production in 2023 was 35.5 tons, and 32.2 tons in 2024. The higher the domestic production and scrap returns, the higher the rate of meeting the need, and the raw material needs are met at this rate without foreign exchange outflow and without the need for imports."