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TR📈 Economy4 hr. ago

Gold delivers highest real return in August

In August, gold delivered the highest real return among financial investments in Turkey, according to data from the Turkish Statistical Institute (TÜİK). After adjusting for consumer price inflation (CPI), gold achieved a real return of 7.93 percent for the month and 16.49 percent annually. Other assets performed less favorably, with government domestic borrowing securities (DIBS) yielding 1.38 percent, the euro gaining 1.34 percent, and deposit interest rates returning 1.05 percent. The U.S. dollar experienced a real loss of 0.15 percent, while the BIST 100 index fell by 1.13 percent. On an annual basis, gold remained the top performer, whereas the BIST 100 lost 2.9 percent, the U.S. dollar dropped 10.84 percent, and the euro declined 11.16 percent.

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Hurriyet Daily News logoHurriyet Daily NewsParty-alignedCenter4 hr. ago
Gold delivers highest real return in August

In August, gold delivered the highest real return among financial investments in Turkey, according to data from the Turkish Statistical Institute (TÜİK). After adjusting for consumer price inflation (CPI), gold achieved a real return of 7.93 percent for the month and 16.49 percent annually. Other assets performed less favorably, with government domestic borrowing securities (DIBS) yielding 1.38 percent, the euro gaining 1.34 percent, and deposit interest rates returning 1.05 percent. The U.S. dollar experienced a real loss of 0.15 percent, while the BIST 100 index fell by 1.13 percent. On an annual basis, gold remained the top performer, whereas the BIST 100 lost 2.9 percent, the U.S. dollar dropped 10.84 percent, and the euro declined 11.16 percent.

Bias read (Center): The article presents economic performance metrics without overtly favoring any political stance. It focuses on financial returns across different asset classes, using statistical data from the Turkish Statistical Institute. There is no indication of biased language, selective sourcing, or omission.

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