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Investment Instrument Performance in Turkiye: Stocks Down, Gold Up This Week

While the stocks traded in Borsa Istanbul lost an average of 0.57%, dollar/TL 0.40% and Euro/TL 0.29% on a weekly basis, the gram price of gold gained 2.68%.

The performance of this week’s investment instruments has been announced. After seeing the lowest point of 10,144.74 and the highest point of 10,383.25, BIST 100 index completed the week at 10,218.58 points, losing 0.57% compared to the previous week’s closing.

The gram sales price of 24 carat gold bullion traded in the Grand Bazaar increased by 2.68% this week to ₺2 thousand 448, and the sales price of republic gold increased by 1.51% to ₺16 thousand 116.

The sales price of quarter gold, which was ₺3 thousand 978 last weekend, increased to ₺4 thousand 44.

This week, the US dollar lost 0.40% of its value to ₺32.2160, and the Euro decreased by 0.29% to ₺34.7410.

Investment funds gained 0.70% and private pension funds 1.09% this week.

When looked at by category, the most profitable investment funds were the “Fund Basket” funds with 1.68%.

Source: Dunya.com / Prepared by Irem Yildiz

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