CORPORATE / BULLETINS

20.10.2019 - TROY BULLETIN
GOLD HAD A VERY FLUCTUATING WEEK www.goldtakas.com 
BUYERS WITH PREMIUM ON LONDON FIXING AT BORSA ISTANBUL/14 OCT – 21 OCT 2019

Gold started week with rising trend but blocked by optimistic results based on trade discussions. Besides markets focused on the Brexit deal between EU and UK. These busy week, affected domestic markets also. Borsa Istanbul market Gold price saw 1506.45 usd/oz as the highest level but could not hold on this level and started to regress till 1467 usd/oz. Between huge difference of prices and fasst selling activities, traders tried to take position. But there was not big deepness at the market. Totally 6720 KG gold changed hands besides 9445 KG silver. 

As Monday trading we see some premium at Borsa Istanbul. Gold transactions are realized with 0,40 – 0,50 usd/oz premium on London fixing. It may raise. Investors should follow the market very closely.  There is a very dynamic gold market in Istanbul and for physical gold bullion trading, Borsa Istanbul is one of the key markets. Troy is opening a gate to Borsa for all international traders just with having free metal account. You can be a part of it. www.troypm.com +90 212 465 65 70.