Midday in the markets: The dollar exceeded 50 lira, selling pressure on gold and the stock market

The Turkish lira weakened past 50 per dollar on Friday, a fresh record low, while the euro and sterling also slipped against the local currency. Gram gold traded around 6,500 lira and silver fell in parallel, with Borsa Istanbul opening the week's final session lower as selling pressure hit equities. The moves underscore persistent demand for hard assets and dollar exposure as the lira's slide accelerates. Investors will watch whether the central bank intervenes or adjusts policy to slow the depreciation, and whether the equity selloff deepens into the close.