CORPORATE / BULLETINS

30.09.2019 - TROY BULLETIN
GOLD IS SWIMMING NEAR 1500 USD/OZ DESPITE BIG WAVES www.goldtakas.com 
BUYERS WITH PREMIUM ON LONDON FIXING AT BORSA ISTANBUL/23 SEPT – 30 SEPT 2019

Gold moved in fluctuating price band at Borsa Istanbul last week. Its rising move blocked by new house figures came from USA, that provide positive effect for growth. After midweek yellow metal turned its face down. Highest price was recorded as 1531 usd/oz. But towards closing gold lost too much blood and balanced at 1495.50 usd/oz at closing. During the week 7319 KG Gold and 8602 KG Silver changed hands between investors. Silver’s performance was bad and it lost almost %5 value. According to weekly volume rank, Troy took the first place at Borsa. 

With the beginning of new week, market players started to place order at Borsa, with premium as 0,30 – 0, 40 usd/oz on London Fixing price and there are realized orders. Buyers with spot price are more willing to sell at least spot price. 

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