MAR 08 – MAR 15 / 2021 https://www.goldtakas.com/en
On the agenda, there were developments about the 10-year US bonds and stimulus package. Gold and silver lived a week between these two developments. The growth of 10-year US bonds reflected negatively on precious metals. Despite this, the stimulus package brought positivity to precious metals. Gold and silver completed the week with gain.
Gold was volatile at Borsa Istanbul. Gold recorded its highest level as 1739 usd/oz. Despite recording this level, gold couldn’t escape the sales wave and completed the week at 1710 usd/oz level. Gold transaction volume was 10 MT at Borsa Istanbul. After Borsa session closed, the closing was 1727 usd/oz level in international markets. Compared to last week, yellow metal gained 1,4% value.
When we look at silverside, we see that silver’s move was parallel with gold. Silver price reached its highest level as 26,70 usd/oz at Borsa Istanbul. Silver completed the week at 25,40 usd/oz level. Silver traded volume was quite good as 25 MT at Borsa Istanbul. The closing was 26 usd/oz level in international markets. According to last week, white metal gained 2,7% value.
On Monday morning session, Borsa Istanbul is quite active. Premium sales increase as new regulation continues to affect markets. There are sellers that cost up to 3,75 usd/oz. LBMA good delivery bars are being trading at Borsa Istanbul. Troy Precious Metals is providing a gate to all international bullion traders to be active at Turkish gold market. Under free metal account, without being member of exchange via GOLDTAKAS, you can trade and make profit. For more information please call us +90 212 465 65 70.