Page 11 - Investing in Borsa Istanbul Markets
P. 11

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.








           www .borsaistanbul.c om                                                              PAGE | 09
   6   7   8   9   10   11   12   13   14   15   16