Significant Increases in Gold and Silver Imports Were Experienced in September

Details of Gold Imports in September 2023

According to the Istanbul Stock Exchange Precious Metals Market data, Turkey's gold imports in September amounted to 9.46 tons. This figure shows a significant increase compared to the 6.5 tons of imports recorded in the previous month of August. When compared to the same period of the previous year, this number was at 8.22 tons as of September 2024. This situation indicates that Turkey's demand for gold continues and that market dynamics are changing.

Silver Imports Also Showing an Increase

In addition to gold imports, there has been a significant rise in silver imports as well. In September, silver imports were recorded at 116.59 tons. This is more than double the 62.13 tons of silver imports recorded the previous month. Considering that silver imports in September of the previous year were at 44.25 tons, this increase reflects the dynamics of metal demand in the market.

Import Figures for January-September Period

During the January-September period of 2023, Turkey's total gold imports were announced as 88.06 tons. Compared to the same period in 2024, this figure shows a significant increase at 125.7 tons. Silver imports reached 480.9 tons, while the same period last year recorded this figure at 406.0 tons. The increase in both metals indicates that investor interest and market stability are being maintained.

Conclusion and Market Expectations

The latest data reveal that the increases in Turkey's gold and silver imports are linked to general trends in the markets and the global economic situation. For investors, the development of metal markets is becoming an important indicator for future economic trends.