Gold leads monthly real profit rates in Türkiye

According to TUIK, gold’s real profit rate reached 4.82% based on the Domestic Producer Price Index (D-PPI) and 3.20% based on the Consumer Price Index (CPI).

In October, deposit interest also yielded a positive monthly real profit of 2.03% according to the D-PPI, while other investments, including the U.S. dollar, government domestic debt instruments (GDDI), the Euro, and the stock exchange, experienced losses. Losses were recorded at 0.71%, 0.99%, 2.42%, and 10.81% respectively, according to the D-PPI. On a CPI basis, deposit interest generated a 0.46% real profit, while the dollar, GDDI, Euro, and stock exchange registered monthly losses of 2.25%, 2.52%, 3.93%, and 12.19% respectively.

For the quarter, gold (ingot) continued to lead, delivering real profit rates of 15.00% based on the D-PPI and 10.60% based on the CPI. The stock exchange saw the most substantial quarterly losses, with declines of 22.03% based on the D-PPI and 25.01% based on the CPI.

On a semi-annual basis, deposit interest showed the highest real profit rates, generating 12.61% according to the D-PPI and 5.22% based on the CPI, while stock exchange investments recorded the highest losses of 16.03% on the D-PPI scale and 21.54% on the CPI scale.

Annually, gold (ingot) maintained its lead as the most profitable investment with real gains of 31.34% based on D-PPI and 16.89% according to CPI, reflecting its position as the top performer over the past year. Other investments such as deposit interest, the Euro, U.S. dollar, GDDI, and the stock exchange registered annual losses, with the stock exchange incurring the steepest decline—16.56% according to D-PPI and 25.74% according to CPI.

This report underlines the strength of gold as an investment choice over various periods, highlighting significant returns, particularly as other assets struggle amidst economic fluctuations. (ILKHA)