3 Gold-Based Indices Will Participate in the Stock Market

3 gold-based indices will participate in the stock market. As of July 7, 2021, Spot Gold, Gold Backed Lease Certificates and Gold Bonds will be included.

In addition to the BIST Gold Index, which is calculated from the gold prices traded on the Stock Exchange, Borsa Istanbul announced that it will add three new indices as of July 7, 2021, namely Spot Gold, Gold-Based Lease Certificates and Gold Bonds. Among these indices, BIST Spot Gold Indices were created to measure gold prices, and BIST Gold-Based Lease Certificate and BIST Gold Bond Indices were created to measure the daily returns of gold-backed lease certificates and gold bonds issued by the Turkish Ministry of Treasury and Finance and the Ministry of Treasury and Finans Varlık Kiralama A.Ş. Currently, BIST Gold Index is calculated by the prices of USD/Ounce gold transactions realized in Borsa Istanbul Precious Metals and Precious Stones Market (KMTP), and the index shows the returns of gold prices in USD/Ounce.

BIST Spot Gold Index will be Published as of July 7

BIST Spot Gold Index, which will be published as of July 7, will be calculated by converting the USD/Ounce spot gold prices in international markets to TL/gram gold prices and will show the returns of the index gold prices in TL/gram gold. The BIST Gold-Based Lease Certificate Index will be calculated from the same-day prices of gold-backed lease certificates traded in the Borsa Istanbul Debt Securities Market (BAP) and issued by the Ministry of Treasury and Finans Varlık Kiralama AŞ in gram gold. The index will show Turkish Lira returns, including gold and rental returns. The BIST Gold Bond Index, on the other hand, will be calculated from the same-day prices of gold bonds traded in BAP. The index will show the Turkish lira denominated returns, including gold and interest yields.