This year was a bomb-like development in the middle of our industry.The banks had a great reaction from the jewelers to collect scrap gold, open a gold account, and get the opportunity to sell paper products. The leading gold companies of our country are Nova Pres Gold General Manager and company partner Murat Niziplioğlu; He said that the banks could not collect the gold they wanted and that this system would not add anything to the bank.
Nova Pres Gold General Manager Murat Niziplioğlu stated that before the banks start collecting gold, no one of the Eastern regions, is going to take the gold to the bank, "It was exactly as I expected. Apart from Marmara and Aegean regions,
Depositing gold in the bank from our other geographical areas did not exceed very small numbers. The great majority do not want gold, which is a steadily descending and very valuable investment instrument, to remain idle in the banks.”Niziplioğlu said: "At this moment, under our pillow, it is estimated that there are 400 tons of gold in our country. Until today the banks are collecting 12-13 tons of gold. We see this way, citizens want to buy and sell gold.
ATTENTION TO GOLD CREDIT
Niziplioğlu pointed out that the banks had gone to the practice of "Golden Credit" to get a different profit from the small jeweler's trades and that the serious problems had already started in the repayment of this loan. "Jewelers are well-calculated for the repayment of this loan," he said.