INVESTORS PREFERRED PROFIT REALIZATION AT BORSA ISTANBUL
OCT 11 – OCT 18 / 2021 https://www.goldtakas.com/en  

On the agenda, there were US inflation data and consumer prices. While inflation data boosting Gold prices by exceeding expectations, retail sales data put pressure on Gold. Precious metals followed volatile trend at Borsa Istanbul.

Gold met investors at buying side towards the weekend. Gold reached its highest level at 1800 usd/oz level at Borsa Istanbul. However, gold couldn’t hold on this level and ended the week at 1772,20 usd/oz level. This means that the yellow metal only could gain 0,63%. Transaction volume was quite low as in the previous week at Borsa Istanbul. After Borsa session closed, gold couldn’t escape to the sales wave and rolled down until 1767,62 usd/oz level at international markets.

Silver's investors had a lucrative week. Silver completed the week 23 usd/oz level at Borsa Istanbul. White metal gained 2,95% value. Compared to last week, it was a pretty good gain. Silver traded volume was more than 15 MT at Borsa Istanbul.

Borsa Istanbul market is active at the beginning of the week. There are discounts and premiums around 0,25 usd/oz. By our integrated system GOLDTAKAS as the first in Turkey, all market players can access to Borsa regardless being member. So you can benefit from price differences between markets. For more information please call us +90 212 465 65 70.