CORPORATE / BULLETINS

02.03.2020 - TROY BULLETIN
BORSA ISTANBUL CHEERED UP WITH PROFIT SELLING AND VERY HIGH TRADING VOLUME
FEB 24  – MAR 02 / 2020   https://www.goldtakas.com/en


Last week all precious metals stepped back after touching very high levels. Sure it was obvious that there would be a level where the profit selling will start. Also people want to be in cash and more liquid as to be flexible. Especially FED and together with other major central banks signaled for interest rate cut so it caused a rapid return in the markets. Gold touched its weekly highest level as 1683.70 usd/oz and step by step came back till 1617 usd/oz. Towards to session closing recovered 10 dollars and closing was realized with 1627 with %0.4 gain. Trading volume was huge. Almost 14 MT gold changed hands. Besides Silver side bears were so much active. Totally 18.9 MT silver was traded. According to previous week silver lost value as % 6.6 but market will recover itself at first chance. 

Today Borsa Istanbul market is active with premium selling. There are sellers with orders up to 3usd/oz. You can also be a part of this physical market. Borsa Istanbul, is open now to all international market players with GOLDTAKAS. www.goldtakas.com & www.troypm.com. You can have an alternative business line. You can call us +90 212 465 65 70.