Gold certificate; investor to take advantage of gold's price movements without buying physical gold Provider, is a financial product issued by Borsa Istanbul and banks.

This certificate is kept in the vault Corresponds to 1:1 and without the problem of hiding to the investor Gain indexed to gram gold price recognizes the possibility.

How Does It Work?

• The issuer stores its physical gold in the treasury of the institution.
• Certificate in Borsa İstanbul bought and sold like a stock.
• As the price of gold grams rises, so does the value of the certificate.
• Some products are at maturity physical gold delivery There is an option.

Where and How to Buy

1. Stock Exchange Istanbul (BIST):
   • Products such as “S1 Gold Certificate” are traded on the Precious Metals Market.
   • Orders are issued such as buying shares by opening an investment account in a bank or brokerage firm.
2. Banks:
   • Banks such as Ziraat, Vakıf, İş Bank, Garanti offer gold certificate or lease certificate based on gold.
   • Trading can be made via the mobile application or branch with the BIST code.

Official Code Examples

These codes Public Lighting Platform (KAP) can be verified over and is open to everyone.

• Borsa Istanbul Gold Certificate (S1)
  • Transaction Code: S1
  • Underlying Asset: 0.01 gram 995/1000 purity gold
  • Currency: TL
• Bank-based examples: Agriculture Participation Gold Certificate, Foundation Participation Gold Certificate (current codes may vary by bank).

Price Dynamics — Relationship between Ounces of Gold, Gram Gold and Certificates

• Gram gold price, international ounces of gold It is formed by the combination of the price and the USD/TRY rate.
• Since the price of the certificate is directly indexed to the price of grams of gold, If the TL weakens while the ounce of gold rises, the certificate may gain value faster.
• For example, if the ounce of gold rises 5% while the TL depreciates 2% in the same period, the price of a gram of gold may increase by about 7%, and the certificate reflects this increase.
• In the opposite case, even if the ounce of gold rises, the yield of grams of gold and certificates may remain limited if TL gains in value.

Certificate — Gram Gold Comparison

Scissor Difference:

During periods of high demand, there may be a short-term difference between the price of certificates on the exchange and spot grams of gold.

For example, during the crisis, a gram of gold is 2,000 TL, while a certificate can be traded from 2,020 TL.

This difference is usually due to liquidity and intensity of demand and stabilizes in a short time.

Advantages

• There are no physical storage and security issues.
• Small amounts (like a tenth of a gram) can be invested.
• Its liquidity is high, as it is easily bought and sold on the stock exchange.
• The cost of processing and scissors is usually lower compared to the jeweler.

Risks

• The fall in the price of gold directly affects the value of the certificate.
• The reliability of the institution issuing the certificate is of critical importance.
• During periods of intense volatility, there may be short-term price differences between the certificate and physical gold.

Is it reliable?

• Borsa Istanbul gold certificate with code S1 and products of banks under BDDK/TCMB audit Highly secure as it is traded in official and regulated markets is accepted.
• It is important for security to check the current ISIN or BIST code via KAP before making a transaction.

what is gold certificate, how to get gold certificate, where to get gold certificate, is gold certificate reliable, borsa istanbul gold certificate, s1 gold certificate what is, gold certificate scissors difference, gold certificate gram gold difference, gold certificate prices, ounce gold gram gold ratio, gold certificate advantages, gold certificate risks, gold certificate trading, gold certificate from bank, gold certificate stock market trading hours gold ser

‍