Gold Bars Profited the Most on a Monthly Basis

Gold bars profited the most on a monthly basis. Borsa Istanbul was the highest earner on an annual basis.

Turkish Statistical Institute (TURKSTAT) announced the "real rate of return on financial investment instruments" for May. According to the data, the highest monthly real return in May was in gold bullion with 4.06 percent when reduced by domestic producer price index (D-PPI) and 7.19 percent with CPI.

Euro and US Dollars Also Gained

When reduced by D-PPI, Euro gained 0.33 percent, while the BIST 100 index lost 1.03%, US dollar 1.28 percent, the Government Domestic Debt Securities (GDDS) 2.34 percent and the deposit interest (gross) 2.56 percent. When reduced with the CPI, Euro gained 3.34 percent, the BIST 100 index gained 1.94 percent, US dollar 1.69 percent, the GDS 0.59 percent and the deposit interest (gross) 0.37 percent. According to quarterly evaluations, gold bullion was recorded as the investment instrument that provided the highest real return to its investors by 6.71 percent when reduced by D-PPI and by 16.21 percent by CPI. In Borsa Istanbul, the BIST 100 index was the investment instrument that lost the most to investors by 16.88 percent when reduced by D-PPI and by 9.48 percent by CPI. When financial investment instruments are analyzed annually, BIST 100 index is recorded as the investment instrument that provides the highest real return to its investors by 2.84 percent when reduced by D-PPI and by 22.02 percent by CPI.