CORPORATE / BULLETINS

24.06.2019 - TROY BULLETIN
BORSA ISTANBUL /14 - 24 JUNE 2019
GOLD REACHED 1400 USD/OZ LAST WEEK AT BORSA ISTANBUL
DISCOUNT ON LBMA GOOD DELIVERY BARS AT BORSA ISTANBUL via www.goldtakas.com 

Rising trend dominated Gold market in Istanbul last week. Price band was very wide as 67 usd/oz. Gold gained ground day by day and reached 1400 usd/oz on Friday. Price rose fast and sharply but trading volume and debth was law. Some of market players just watched and preferred not to take action. During whole week only 3800 KG Gold and 9056 KG Silver changed hands which is a low volume for Borsa Istanbul. Silver price also gained ground and 15.35 usd/oz was recorded as the highest level of the week. 
Important point is the margin difference between markets. Now there are buyers at  Borsa Istanbul for LBMA bars as London Fixing (-) 1.5 – 1.75 usd/oz. Even as the morning trading 300 KG with London fixing (-) 0,75 usd/oz for realized at Borsa. Important point is, international companies also have chance to be active at Borsa Istanbul directly. Without being member or dealing with any third part, you can manage your Gold bullion busines via your Troy Metal account and our integrated physical trading system GOLDTAKAS www.goldtakas.com. For all questions you can call us always +90 212 465 65 70