CORPORATE / BULLETINS

31.05.2020 - TROY BULLETIN
31.05.2021
GOLD INVESTORS GAINED AT BORSA ISTANBUL
MAY 24 – MAY 31 / 2021 https://www.goldtakas.com/en  


Last week, precious metals had a volatile week. The high inflation data announced in the USA also supported precious metals. 

Gold followed the week with rise until the middle of the week and reached its highest level at 1910 usd/oz level at Borsa Istanbul. Despite this level, yellow metal completed the week at 1892 usd/oz level. That means gold gained almost 0,4 % value. Because of the fluctuation of price, market players abstained to trade big volumes so totally just 4.2 MT gold changed hands at Borsa Istanbul. After Borsa session closed, gold price rose to 1903 usd/oz level at international markets.

When we look at the silver side we see that silver’s move was parallel with gold. Silver recorded its highest level at 28 usd/oz level at Borsa Istanbul. The closing was 27,80 usd/oz level that is almost same with previous week. Silver transaction volume was 13 MT at Borsa Istanbul.

On Monday Morning session, Borsa Istanbul market is stable. It is expected to be seen discount at Borsa. It’s possible for all global gold traders to be active directly at Borsa Istanbul. Without being member of Borsa or dealing with third party, to buy and sell LBMA good delivery bars is so easy. Via our physical trading system Goldtakas, traders can benefit from price differences between markets. You can call us +90 212 465 6570.