Gold delivers highest real return in August
(AA Photo)
Gold bullion generated the highest monthly real return among financial investment instruments in August, according to data released by the Turkish Statistical Institute (TÜİK) on Sept. 8.
When adjusted for consumer price inflation (CPI), gold posted a real return of 7.93 percent in August.
Based on CPI-adjusted figures, government domestic borrowing securities (DIBS) yielded a real return of 1.38 percent, the euro gained 1.34 percent and deposit interest rates returned 1.05 percent.
