HIGH PREMIUMS CONTINUED AT BORSA ISTANBUL
FEB 21 – FEB 28 / 2022 https://www.goldtakas.com/en
Precious metals had a volatile week due to Russia's attack on Ukraine. After Russia declared war on Ukraine, the steps taken by Western countries and the USA were followed carefully.
Investors began to look for a safe haven due to the war. As a result, gold exceeded 1900 usd/oz at Borsa Istanbul. Gold peaked at 1977 usd/oz and ended the week at 1905 usd/oz level. This means that gold gained 0,52% of its value. Transaction volume was also high as 8,3 MT at Borsa Istanbul. After Borsa session closed, gold caught on the selling wave and fell to 1889 usd/oz level at international markets.
Silver became a popular metal as well. Silver recorded its highest level at 24,75 usd/oz level at Borsa Istanbul. The closing was 24,50 usd/oz level. Compared to last week, white metal gained 2,9% value. Totally 5 MT silver changed hands at Borsa Istanbul.
Borsa Istanbul started the week lively and premiums is being realizing over 10 usd/oz. Premiums expected to be higher this week as well. At Borsa Istanbul LBMA Good Delivery Bars are being trading. It is possible to be a part of this market. Without being member, via your Troy metal account you can manage gold trading and be active at Borsa Istanbul as well as free market. Please also visit www.goldtakas.com for information please call us +90 212 465 65 70.
