GOLD FELL BELOW 1450 USD/OZ LAST WEEK AT BORSA ISTANBUL
NOV 25 – DEC 02  2019 https://www.goldtakas.com/en
Gold disappointed its investors last week by could not stand over 1450 usd/oz at Borsa Istanbul. The best price was recorded as 1471.50 usd/oz as the beginning of week. Gold regressed till 1455 usd/oz as the average price level. Selling transactions dominated Borsa Istanbul market unfortunatly and gold rolled down till the end of session and could finish with 1442 usd/oz. Gold’s loss was % 1.2. As volume of transactions gold was modest with 6921 Kg and for silver 8531 kg.

At international market yellow metal is being affected by strong stocks and higher US dollar. We are already in December and towards new year, generally investors prefers to see their profits and they liquidate their metals. So gold’s downward trend may continue.

Borsa Istanbul market still keeps some premium. Monday session was realized with around 1,5-2 usd/oz over than spot. Without being member you can also be active through your free metal account. www.troypm.com.