In February, the highest real return was at %7.76 for gold bullion. Gold bullion also took the lead in the annual evaluation. The Turkish Statistical Institute (TÜİK) announced the “real yield rates of financial investment instruments” for February. In February, the highest monthly real return was observed in gold bullion at rates of %7.92 when adjusted with the domestic producer price index (D-PPI), and %7.76 when adjusted with the Consumer Price Index (CPI). When adjusted with the D-PPI, deposit interest (gross) provided %1.16, Treasury Bills (T-bills) %0.63, and the Euro %0.26 in real returns, while the Dollar %0.29 and BIST 100 index led investors to losses by %4.18. When adjusted with the CPI, deposit interest (gross) gave %1.01, T-bills %0.48, and the Euro %0.12 in real returns, while the Dollar %0.44 and BIST 100 index resulted in losses by %4.32. T-bills achieved the highest real return for investors in the three-month evaluation with %6.5 with the D-PPI adjustment, and %3.7 with the CPI adjustment. During the same period, the Euro stood out as the investment instrument causing the most losses for investors at rates of %2.59 and %5.15 when adjusted with D-PPI and CPI, respectively. Over a six-month evaluation, gold bullion became the investment instrument with the highest real return for investors at rates of %15.79 and %7.58 when adjusted with D-PPI and CPI, respectively. During the same period, the BIST 100 index was calculated to lead investors to the highest losses at %10.1 with the D-PPI adjustment, and %16.47 with the CPI adjustment.
ANNUAL PEAK IN GOLD BULLION
When evaluated annually, gold bullion stood out as the investment instrument providing the highest real returns for investors at %32.34 with the D-PPI adjustment, and %19.17 with the CPI adjustment. In the annual assessment, when adjusted with D-PPI, deposit interest (gross) provided %8.31, T-bills %2.78 in real returns, while the Dollar resulted in a %6.16 loss, Euro %9.47 loss, and BIST 100 index %14.18 loss for investors. With CPI adjustment, deposit interest (gross) caused a %2.47 loss, T-bills %7.45 loss, Dollar %15.5 loss, Euro %18.48 loss, and BIST 100 index %22.73 loss for investors.