Although recent government stimulus has slowed the lira’s depreciation, Turkey’s currency remains under pressure, sending investors and depositors flocking to safe havens such as gold. Gold prices rose by 18% in 2019 to hit their highest level since 2013, and Turkey’s gold market remains a key growth driver of its broader precious metals industry. The country holds the 14th-largest share of global gold reserves, or 20% of the total, while domestic gold deposits rose by 98.5% y-o-y in 2019 to reach TL38.34 billion ($6.32 billion). Market growth is supported by surging domestic gold production, which surpassed 45 tonnes in 2019 to reach a record high.
Author Archive for: NadirMetal
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Entries by NadirMetal
After the visititation to Shanghai Gold Exchange as their guest that was made within the aspect of company’s global growth strategy, Nadir Metal Rafineri applied for a membership and shortly after was accepted as an international member of the Shanghai Gold Exchange. Achieving one of its global goals, Nadir Metal Rafineri continues to expand its […]
Members of Shanghai Gold Exchange (SGE) came together between 10 -13 December in Shanghai at the training seminar of SGE. Being a potential member Nadir Metal Refinery was invited also with the other global leading refineries and bullion banks.
The event, which took place on 8-12 October 2019, was attended by ASEAN member countries and sectoral dialogue partners, where more than twenty countries, the most important exporters and the Presidents of the Jewelers Exporters’ Association were hosted by Nadir Metal Refinery as both participant and main sponsor.
Nadir Metal Refinery has participated to the training organized by the Istanbul minerals and metals exporters association with the headline ‘How Will Gold Trade Change?’ on August 29, 2019. Our International Projects Director Behnar Karasen and our Legal Director, Att. Aycan Karagöz has been speakers at the training and gave information about the change of regulations […]
Nadir, which protects its place at high ranks of the list, “Turkey’s the Biggest 500 Firms”, maintains its stable stance through holding 19thrank in 2012, 29thrank in 2013, 60thrank in 2014, 56thrank in 2015,53thrank in 2016, 48thrank in 2017 and 65thrank in 2018.
Fortune 500, which is accepted by business world as referance, determines Turkey’s largest 500 firm, includes financial institutions and other holding firms apart from sectors, announced the list prepared according to 2014 data. Nadir takes 89th place in the list, continued to maintain its stable stance. Nadir is a company that has succeeded in becoming an […]
In the name of awareness, İZEV appears with another impressive project that will demolish the walls of minds, brings another championship story through life to screen. We are very pleased and happy to support the CHAMPIONS movie which will begin to play soon as a part of our social responsibility.
First Blockchain Solution developed in Singapore for the Bullion Market Supply Chain
Nadir, which maintains its place on the list of “the top 500 companies of Turkey”, holds its consistent position, ranking 19th in 2012, 29th in 2013, 60th in 2014, 56th in 2015 and 53rd in 2016.
In the name of “Art and Us”, this project which was realized by the Foundation for Education and Solidarity for the Mentally Handicapped in İstabul (İZEV) has put faces of young people with down syndrome onto the faces of world famous 12 paintings. In order to contribute to the project named “Art and Us” which […]