GOLD RISING TREND BLOCKED BY TRADE DEAL NEWS
BORSA ISTANBUL -  DEC 09 – DEC 16 2019 https://www.goldtakas.com/en
Last week gold did its best to reach 1500 usd/oz but only could reach to 1485 usd/oz as the highest. Its rising move was blocked by the news about trade deal between world’s two important economies. Even it seems like a matter just in two countries, to deal or not deal, is affecting whole world indirectly in any case. Especially Gold is being affected mostly as a number one choice as a protection  against volatile currencies. Market always prices the news more than the reality. So on Thursday gold made its radical move to down and Friday tried to get balanced. Session closing was realized as 1457 usd/oz that means a couple of ounces less than previous week closing. Since the investors are cautious about the way of gold, trading volume remained modest with just 5238 kg Gold and 8434 kg Silver. TROY took the 1^st place at Borsa Istanbul according to transaction volume!

Monday morning session at Borsa Istanbul is little bit complicated. There are buyers with the orders as London fixing flat, but at seller side we see orders with premium as 1.5 usd/oz and even spot orders premium is much more. So that is the best side of Borsa Istanbul. You can place your own price and catch it. Even any of individual and corporations can have this chance without being member. Our physical precious metals trading system GOLDTAKAS is already integrated to Borsa Istanbul. Easily with login details direct access is possible  www.goldtakas.com.