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![BTCTN Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::3367334171.png) Bitcoin.com News [@BTCTN](/creator/twitter/BTCTN) on x 3.2M followers
Created: 2025-07-07 13:31:03 UTC

Turkish households hold a staggering $311B in unregistered physical gold—far more than official reserves. 🪙 Cultural roots, inflation fears & tax avoidance keep it "under the pillow." 🇹🇷  

- $311B in unregistered gold held by Turkish households.  
- Driven by culture, inflation hedging & avoiding bank taxes.  
- Decades of gov't efforts fail to formalize most holdings.


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**Related Topics**
[hedging](/topic/hedging)
[tax bracket](/topic/tax-bracket)
[inflation](/topic/inflation)
[$311b](/topic/$311b)
[bitcoincom](/topic/bitcoincom)

[Post Link](https://x.com/BTCTN/status/1942214784151085518)