Page 11 - Investing in Borsa Istanbul Markets
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5. Precious Metals and Diamond Markets
The Precious Metals and Diamond Markets comprises of Precious Metals Market, Precious Metal Lending
Market, and Diamond and Precious Stone Market.
Borsa İstanbul is a member of the London Bullion Market Association and the World Federation of Diamond
Bourses and is the competent authority for import and export of rough diamonds within the framework of
Kimberley Process Certification.
Borsa İstanbul works with OECD on responsible gold principles to ensure that the gold transactions
performed in the Precious Metals Market are in line with international standards. For further details
please visit Borsa İstanbul website.
BISTANTREPO is a bonded warehouse (customs free) where domestic and foreign institutions can store their
precious metals, especially gold, without being a member of Borsa İstanbul and physically transfer these metals
to Türkiye or regional countries when necessary.
Some of the key metrics for the Precious Metals and Diamond Markets are depicted below:
Average Daily Traded Value (USD Millions)
43
168,5
20
19 78,5
73,9
13 52,3
11 39,6 44,3
10
Precious Metals Market trading hours for normal days are between 16:10-23:45 and continue between
08:00-16:00 in next trading day local time (GMT+3). For further details please visit Borsa İstanbul website.
Markets within the Precious Metals and Diamond Markets
Precious Metals Market | spot trade of standard
and non-standard gold, silver, platinum and palladi- Precious Metal Lending Market | lending transactions of
um metals, minimum fineness degrees are required defined precious metals.
for standard products (995/1000 for gold, 99.9%
for silver and 99.95% for both platinum and palla- Diamond and Precious Stone Market | transactions of
dium). For further details please visit Borsa İstanbul diamond and precious stones.
website.
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