Gold and Money Markets Expert Murat Malik: The gold sector provides the highest profit in Turkey's exports.

Gold and Money Markets Expert Murat Malik: The gold sector provides the highest profit in Turkey's exports.

21.08.2024 18:20

Gold and Money Markets Expert Murat Malik stated that gold has the highest profit margin among Turkey's economic sectors. He emphasized that sectors such as construction, textile, and automotive are prominent, but gold shows the best performance in terms of added value.

Gold and Foreign Exchange Markets Expert Murat Malik, who was a guest at Haberler.com's Youtube studio, stated that gold has the highest profit margin among Turkey's economic sectors. Malik emphasized that sectors such as construction, textile, and automotive are prominent, but gold outperforms them in terms of added value.

Gold and Foreign Exchange Markets Expert Murat Malik: The gold sector provides the highest profit in Turkey's exports



"GOLD IS TURKEY'S SECTOR WITH THE HIGHEST PROFIT MARGIN"

Murat Malik stated that when Turkey divides its total exports by gross national income, an average of $15-20 profit is left per person. However, he pointed out that the gold sector offers a much higher profit margin than this calculation. Malik said, "The gold sector has a significant profit margin in processed gold products, excluding raw gold products. Especially in products such as jewelry and rings, it leaves an average of $1000 profit per kilogram when sold abroad. In diamond products, this figure goes up to $3000 to $5000," he said.

Gold and Foreign Exchange Markets Expert Murat Malik: The gold sector provides the highest profit in Turkey's exports

"TURKEY IS FAR AHEAD IN THE GOLD SECTOR"

Malik emphasized that Turkey's profit margin in the gold sector is unique compared to other sectors. "There is no profit margin like this in any sector in Turkey. We are far ahead in this sector," he said, highlighting the importance of the gold sector in the country's economy.

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