BORSA ISTANBUL – LAST WEEK OVER 12 MT SILVER CHANGED HAND
Borsa Istanbul, Precious Metals Market was active on Silver last week according to gold. Biggest volume was recorded on Tuesday as almost 8 MT. Metal prices reached their highest level on Thursday while gold recording 1228.80 usd/oz, Silver reached 14.60 usd/oz. On Friday there was some profit selling and gold lost blood till 1217 usd/oz that is the lowest level. Totally 3129 KG Gold and 12276 KG Silver traded at Borsa Istanbul. You can also be active at Turkish strong gold market market directly via www.goldtakas.com. It is possible to benefit from price differences for physical precious metals.
Besides Borsa Istanbul, when we have a look at gold mining sector in Turkey here are the news. Eldorado Gold that is Canadian mining company operating in Turkey, is going to invest Kışladağ Gold Mine as $ 520 million. Company announced in its third quarter report that is published in October, the feasibility studies were completed and the board of directors approved the project in the new mill project. Turkey is one of the very lucrative markets for Gold and Silver. Please feel free to contact with us for physical Precious Metals business developments in Turkey and at Troy active locations. www.troypm.com
