22.08.2022 - TROY BULLETIN
AUGUST 15 – AUGUST 22 / 2022 

Last week, FED gave messages that it will continue to increase interest rates until inflation is under control. Thus, precious metals could not escape the sales wave.  Transaction volumes were average 1768  usd/level at Borsa Istanbul. Since the price come down premium levels raised especially together with the beginning of this week.

Gold traded below 1800 usd/oz level at Borsa Istanbul. Gold recorded its highest level at 1795,10 usd/oz level. The closing was 1795 usd/oz level. Compared to previous week, yellow metal lost 1,4% value. Totally 12,6 MT gold changed hands at Borsa Istanbul. After Borsa Istanbul, gold rolled down until 1747 usd/oz level at international markets.

Silver’s move was parallel with gold. Silver recorded its highest level at 20,07 usd/oz level at Borsa Istanbul. Silver completed the week at the lowest level with 19,10 usd/oz. Silver transaction volume was 23,1 MT at Borsa Istanbul.

Borsa İstanbul started its Monday morning session actively. Transaction premiums started to rise again. Premium transactions up to 16 usd/oz.  LBMA good delivery bars are being trading at Borsa Istanbul. You can catch this market advantage. Direct access to Borsa Istanbul via Goldtakas is very easy. You can call us for more information +90 212 465 65 70.