Weekly Winners and Losers: Gold, Euro, Dollar and BIST 100 Review

Gold, euro, dollar and the BIST 100 weekly performances laid out investors' gains and losses in stark detail.

Gold's Faint Breath: Weekly Performance

Gold rose %0.5 over the week to 1,945.00 TL, yet it remains below the %2.3 drop recorded in the prior week. Investors could only catch a brief sigh of relief with this modest uptick.

■%0.5 rise, still %2.3 shy of the previous low.

■1,945.00 TL emerged as a new support level.

■Physical demand surged 12% among jewelers in Istanbul and Ankara.

The Drivers Behind Currency Volatility

The euro slipped %0.3 for most of the week, while the dollar edged up %0.2. These moves stem from ambiguous U.S. rate decisions and uncertain EU economic data.

■Euro: %0.3 decline to 1.08 USD/EUR.

■Dollar: %0.2 gain, holding at 1.12 USD/EUR.

■ECB's %4.00 rate outlook added pressure on the euro.

Stock Market Surprises and Sector Takeaways

The BIST 100 index climbed %1.2 to 7,845.00, with technology and energy stocks outperforming the market average by roughly double.

■%1.2 overall index rise.

■Technology: %3.4 surge, led by ASELSAN and THY.

■Energy: %2.1 gain, driven by TÜPRAŞ and PETKIM.

Portfolio Balance: Winners and Losers

■Winners: Gold (+%0.5), Tech stocks (+%3.4), Energy stocks (+%2.1)

■Losers: Euro (-%0.3), Small‑cap banks (-%1.0), Food sector (-%0.8)

The weekly data suggest a modest rise in risk appetite while gold still serves as a safe‑haven asset. The asymmetric currency moves reflect lingering central‑bank policy uncertainty, underscoring the need for broader diversification. Meanwhile, the equity market confirms strong demand for growth‑oriented sectors like technology and energy, making them logical short‑term targets for investors.