BAKU, Azerbaijan, May 16. Over the past year,
gold (ingot) has emerged as the most profitable investment
instrument in Türkiye, significantly outperforming other financial
assets.


Data obtained by Trend from the Turkish Statistical Institute
(TurkStat) indicates that gold delivered an annual real return of
32.2% based on the domestic producer price index (D-PPI) and 28.4%
according to the consumer price index (CPI), underscoring its role
as a leading safe-haven asset.


Other investment vehicles also posted positive real returns,
though at lower levels. The stock exchange recorded annual gains of
15.8% (D-PPI) and 12.5% (CPI), followed by government domestic debt
instruments at 9.4% and 6.3%, and bank deposits at 3.3% and 0.3%,
respectively.







By contrast, major foreign currencies incurred real losses. The
euro declined by 5.1% (D-PPI) and 7.8% (CPI), while the U.S. dollar
experienced the largest annual loss, falling 8.7% (D-PPI) and 11.3%
(CPI).