Gold and Foreign Exchange Soar While The Stock Market Lost This Week
While the stocks providing transactions in Borsa Istanbul decreased by 5.88 percent in the weekly period, the gram sales value of gold increased by 7.24 percent, Euro / TL by 3.41 percent, and Dollar / TL by 3.18 percent.
After reaching the lowest 985.38 and the highest 1.143.26 points, the BIST 100 index closed the week at 1.060.59 points, down 5.88 percent compared to the previous week’s closing.
The gram sales value of 24-carat gold bullion, which has a transaction in the Istanbul Grand Bazaar, increased by 7.24 percent this week to 471.00 TL, and the sales price of gold coin increased by 7.17 percent to 3.124.00 TL.
The sales price of the quarter gold coin, which was worth 712.00 TL in the past week, reached 763.00 TL.