Gold yields highest real profit rates in Türkiye

The institute revealed that gold (ingot) provided the highest real profit rates, delivering a 4.67% return based on the domestic producer price index (D-PPI) and 3.04% based on the consumer price index (CPI). This made it the most profitable investment for the month.

Other investment instruments also saw gains, but at lower rates. According to the D-PPI, deposit interest yielded a real profit of 1.90%, followed by the Euro at 0.63%, and government domestic debt instruments (GDDI) at 0.50%. However, US Dollar investors saw a slight decline in real profit by 0.25%, while stock exchange investors faced a more significant loss of 2.79%.

Based on the CPI, deposit interest still yielded a modest real profit of 0.32%. However, Euro, GDDI, US Dollar, and stock exchange investments all recorded losses, with the Euro down 0.93%, GDDI 1.06%, US Dollar 1.80%, and the stock exchange taking the largest hit at 4.30%.

Over the quarter, gold (ingot) continued to lead the pack, generating the highest real profit with rates of 11.70% based on D-PPI and 7.75% based on CPI. In contrast, the stock exchange posted the highest quarterly losses, with a real profit decline of 10.67% according to D-PPI and 13.83% according to CPI.

For the semi-annual period, deposit interest provided the highest real profit, offering a 7.87% return according to D-PPI and 2.79% according to CPI. US Dollar investments showed the most significant losses in the same period, with a 5.57% decline based on D-PPI and 10.02% based on CPI.

Over the past year, gold (ingot) outperformed all other investment vehicles, yielding an impressive annual real profit of 28.25% based on D-PPI and 14.27% based on CPI.

By contrast, other investments fared poorly in the annual analysis. Based on D-PPI, Euro investors lost 1.62%, deposit interest 4.63%, US Dollar 5.36%, stock exchange 9.14%, and GDDI 14.44%. CPI-based figures showed even steeper declines, with losses of 12.34% for the Euro, 15.03% for deposit interest, 15.68% for the US Dollar, 19.05% for the stock exchange, and 23.77% for GDDI.

These figures reflect the continued dominance of gold as a safe-haven asset amid economic uncertainties. (ILKHA)