THE PRECIOUS METALS LOST BLOOD AT BORSA ISTANBUL
JAN 11 – JAN 18 / 2021 https://www.goldtakas.com/en    

On the agenda there were the Us elections result, the Us 10 years bonds and also the stimulus package announced by the new president of America last week. In Turkey, vaccination of healthcare workers started.

As the first half of the week gold reached until 1894,60 usd/oz level at Borsa Istanbul as the highest. Despite reaching this level, gold affected by international developments so completed the week with 1835 usd/oz That means yellow metal lost %3 value at Borsa. There was a very wide price band as 70 usd/oz. Gold’s demand was very low as almost 10 MT at Borsa Istanbul. Compared the Borsa Istanbul, the closing was 1828,49 usd/oz level at international markets.

Silver’s move was parallel to gold at Borsa Istanbul. Silver price moved around 25 usd/oz level. The closing was 25,48 usd/oz level which is the same with highest price. White metal lost also %4,5 value. Silver transaction volume was more than 13 MT at Borsa Istanbul.

Monday Morning session, Borsa Istanbul is stable. There are buyers with premium between 0,25 usd/oz and 0,5 usd oz. LBMA good delivery bars are being trading at Borsa Istanbul. If you want to traded, you can easily do via Goldtakas. No need to be member of Borsa Istanbul. You can reach us +90 212 465 6570 for information.