BAKU, Azerbaijan, September 12. Gold generated
the highest monthly and annual real returns among major financial
instruments tracked in Türkiye in August 2026, while its
performance differed across investment periods.


This is according to data released by the Turkish Statistical
Institute (TÜİK).


"Maximum monthly real profit rate was realized in gold (ingot),"
TÜİK said in its report on the rates of real profits created by
means of financial investment.


According to TÜİK, gold ingots recorded the highest monthly real
return in August, at 7.17% when adjusted by the domestic producer
price index (D-PPI) and 7.93% by the consumer price index (CPI).
Government domestic debt instruments (GDDI) followed with returns
of 0.66% and 1.38%, respectively. The U.S. dollar and stock
exchange instruments recorded negative monthly real returns under
both inflation measures.


Gold also recorded the highest annual real returns, at 19.73% by
D-PPI and 16.49% by CPI, exceeding GDDI returns of 4.21% and 1.39%,
respectively. Trend calculations show that the difference between
gold's annual real return and the euro's annual real return of
-8.68% by D-PPI amounted to 28.4%age points, representing the
widest gap between two instruments tracked in the report over a
12-month period.







Over a six-month period, gold recorded a lower real return
performance, with a decrease of 19.35% by D-PPI and 18.01% by CPI.
During the same period, deposit interest generated the highest
semi-annual real returns among tracked instruments, at 1.19% by
D-PPI and 2.87% by CPI.


Trend's
calculations show that the difference between gold's six-month
D-PPI-adjusted performance and its one-month return of 7.17%
reflects significant changes in gold prices during the period,
highlighting fluctuations in investment returns across different
timeframes.


For reference, TÜİK's real profit report compares nominal
returns on major financial instruments against inflation indicators
to assess changes in investors' purchasing power, using both
producer and consumer price indices as separate benchmarks.