PRECIOUS METALS HAD A PROFITABLE WEEK
FEB 28 – MARCH 07 / 2022 https://www.金兑汇.com/en
Precious metals continue to follow the war between Russia and Ukraine. Investors turned to gold and silver as a result of this situation. Alongside the war, Fed Chairman Jerome Powell's presentation to the US Senate was watched carefully. The Chairman emphasized that they will not make any changes in the rate hike decisions in March.
Gold had a profitable week due to these developments. Gold recorded its highest level at 1948,30 usd/oz level at 伊斯坦布尔证券交易所. The closing was 1947,75 usd/oz level. This means that gold gained 2,24% of its value. Gold transaction volume was 6,9 MT at 伊斯坦布尔证券交易所. After Borsa session closed, yellow metal reached until 1970 usd/oz level at international markets.
Silver’s move was parallel with gold. Silver reached its highest level at 25,15 usd/oz level and completed the week almost the same level at 伊斯坦布尔证券交易所. Compared to last week, white metal gained 2,57% value. Totally 32,4 MT silver changed hands at 伊斯坦布尔证券交易所. It was a fairly high transaction volume.
伊斯坦布尔证券交易所 started its Monday morning session with certain premiums up to 4 usd/oz. Still traders are benefiting from the margins. LBMA Good Delivery bars are being trading at Borsa. Without being member, you can be active directly at 伊斯坦布尔证券交易所. For information please call us +90 212 465 65 70.