The Italian gold, silver, and jewellery sector is driven by foreign markets, with cross-border sales increasing by 37.8% to 9 billion euros in the first seven months of 2024. The figures show an excellent performance, but it is primarily due to the spike in Turkey, which increased by 542.7%. The European Union is up 11.6%, while the non-EU is up 46.8%. Turkey, as previously indicated, occupies the first position, contributing 32.1% of Italian exports. The United States and Switzerland follow in that order. The United Arab Emirates, on the other hand, is fourth, with a variance of 7.8%. There are various factors behind Turkey's growth. Due to the Russian Ukrainian crisis, the Israeli-Palestinian war, high endogenous inflation, and increases in customs and municipal taxation on gold, Turkish entrepreneurs have sought new avenues to import semi-finished or finished products.