PRECIOUS METALS ROSE AT BORSA ISTANBUL
JAN 10 – JAN 17 / 2022 https://www.goldtakas.com/en 

On the agenda, there were Fed’s meeting and US inflation data. Precious metals especially found direction with Fed President’s speech. The speech was about high inflation and the steps that could be taken as a result.  Following these developments, precious metals had a positive week. Despite this, the trading volume was low at Borsa Istanbul.

Gold had a week on the rise. Gold moved around 1806 usd/oz level and completed the week at 1825 usd/oz level at Borsa Istanbul. Compared to last week, yellow metal gained 1,95% value. Trading volume remained low due to investors' willingness to follow price movements at Borsa Istanbul. After Borsa session closed, gold fell until 1818 usd/oz level at international markets.

Silver’s move was parallel with gold. Silver recorded its highest level at 22,05 usd/oz level at Borsa Istanbul. The closing was also at the same level as the highest level. At Borsa Istanbul, white metal trading volume was higher than gold at about 8 MT.

Borsa Istanbul made an active start to the week. Last week premiums were up to 5 usd/oz. This can be considered as one of the reasons for the low trading volumes. LBMA good delivery bars are being trading at Borsa Istanbul. You can also be a part of this lucrative market. Direct access to Borsa Istanbul via Goldtakas is very easy. You can call us for more information +90 212 465 65 70.