CORPORATE / BULLETINS

09.03.2020 - TROY BULLETIN
GOLD RALLIED AT BORSA ISTANBUL AND VOLUME WAS VERY HGH AS 20 MT
MAR 02  – MAR 09 / 2020   https://www.goldtakas.com/en


Last week there was a fluctuating course at most of markets including Borsa Istanbul. Gold price was affected by global interest rate cuts and also at US side, 10 years bond yields dropped below %1 for the first time in its history. Latest news supported gold prices and at Borsa Istanbul, also Central Bank continued to its buying. Gold price band was so wide as 100 usd/oz. Precious metal reached to 1687.10 usd/oz as the highest. Session closing was realized with 1680.40 usd/oz that means % 3.28 gain on weekly base. Silver prices were not buoyant as gold. Price just moved between 16.65 – 17.47 usd/oz but trading volume was good as more than 18 MT. Gold is winking at 1700 usd/oz that is so possible to hit within this week. 

BORSA ISTANBUL, morning session started with discount buying orders. Sellers are insisting for premium more than 50 cent – 1 usd. It is depends on market players positions. For Physical LBMA trading, Borsa Istanbul is a very good market. Investors have chance to make profitable trading even being without member. Troy providing this chance for its client with its integrated physical trading system Goldtakas www.goldtakas.com. You can have an alternative business line. Call us +90 212 465 65 70.