Precious Metals Lending Market
Precious Metals Lending Market was started its operations in Istanbul Gold Exchange on 24 March 2000 for the purpose of bringing supply and demand into an organized market, lowering the production costs of the jewelry sector and securitization of gold. Now precious metals lending transactions are executed in the Precious Metals Market of Borsa İstanbul A.Ş.
Two different types of transactions are realized on Precious Metals Lending Market:
a) Lending transactions for lending or borrowing physical precious metals
b) Certificate transactions by trading of certificates representing lending transactions
