10.09.2025 21:30
Turkey's total gold stock is 4,210 tons, which is approximately 520 billion dollars, and it has been claimed that 363 billion dollars of this amount is kept under mattresses. According to research results from major banks, the first preference of savers has also been gold kept under mattresses.
As gold prices continue to break record after record, the public's interest in gold is increasing, while the amount of gold held under pillows in Turkey is also rising.
In a recent study conducted by researchers at QNB-Finansbank, it was estimated that Turkey's gold stock is 4,210 tons. The total value of 4,210 tons of gold is approximately 520 billion dollars.
363 BILLION DOLLARS UNDER PILLOWS
According to the research shared by former Central Bank of the Republic of Turkey (TCMB) Chief Economist Prof. Dr. Hakan Kara on his social media account, 363 billion dollars of the gold valued at 520 billion dollars is kept under pillows. The economic management aims to bring these pillow savings into the system, which are closely monitored.
FIRST PREFERENCE IN SAVINGS
According to ING Turkey's second quarter 2025 research, the ownership rate of savings is at 54%, while it was found that the first preference in savings is gold kept under pillows. According to the research results, gold under pillows ranks first in savings instruments with 35%, followed by cash in lira/foreign currency under pillows at 28%. These instruments are followed by time deposit accounts in lira at 21%, stocks/exchanges at 19%, and gold or precious stone/metal accounts at 18%.