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11.11.2019 - TROY BULLETIN
GOLD SUFFERED LAST WEEK AS LOSING %2.8 VALUE AT BORSA ISTANBUL 
YELLOW METAL WITH PREMIUM ON MONDAY OCT 04 – OCT 11 2019 https://www.goldtakas.com/en

Turkish market affected from international news as USA and China are close to sign and agreement for trade deal. Gold spot price saw the lowest level in last 3 months.  Borsa Istanbul started to week strong with over 1510 usd/oz price level. Since investors began to sell sharply, gold rolled down till 1450 usd/oz as fluctuating in 64 usd/oz wide band. Towards closing yellow metal little bit recovered and closed the weekly session by losing 2.8 % value. Silver loss is much bigger as 5.5% and balanced at around 17 usd/oz level again. Volume consisted of mostly sales and totally 8117 Kg Gold and 18986 Kg Silver were traded at Borsa Istanbul and Troy was one of the 4 companies that made most volume. This week If dear President Trump continue to negotiation, markets will get stability and gold probably will continue to loose blood but as everyone knows Mr. Trump may suddenly act differently. 

As beginning of week Gold started to week with with premium. Buyers accepted to pay more like 0,50 – 0,60 usd/on over London Fixing price. You can also be active at Istanbul Gold Exchange without being member. Via www.goldtakas.com it is so easy to trade LBMA Good Delivery bars. You can reach us from +90 212 465 65 70.