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Gram Gold Shines as Top Performer This Week Among Investment Instruments; Borsa Istanbul Stocks Decline by 1.23%

While the stocks traded in Borsa Istanbul lost an average of 1.23% in value on a weekly basis, the gram price of gold gained 2.54%, dollar/TL gained 0.71%, and Euro/TL gained 1.23%.

The performance of investment instruments has been announced this week. After seeing the lowest point of 9,420.90 and the highest point of 9,823.53, BIST 100 index completed the week at 9,693.46 points, losing 1.23% compared to the previous week’s closing.

The gram sales price of 24 carat gold bullion traded in the Grand Bazaar increased by 2.54% this week to ₺2502, and the sales price of republic gold increased by 3.93% to ₺17250.

The sales price of quarter gold, which was ₺4087 last weekend, increased to ₺4343 liras.

This week, the US dollar gained 0.71% in value to ₺32.5880, and the Euro increased by 1.23% to ₺34.8540.

Mutual funds lost 0.04% and private pension funds lost 0.66% this week.

When looked at by category, the most profitable investment funds were “Precious Metal” funds with 2.63%.

Source: Dunya.com / Prepared by Irem Yildiz

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