Our people are going to evaluate different vehicles such as foreign exchange (Usd, Euro), gold and silver in order to increase their savings and protect them against inflation. Sometimes he makes baskets of all this to reduce the risk. We wanted to see and show how these vehicles have performed in the past year.
We analyzed data and exchange performances for 24.07.2023 and 24.07.2022 a year ago.
|
|
25.07.2022 |
25.07.2023 |
change % |
| American dollar |
17,89 |
27,05 |
51,20% |
|
Euro |
17,86 |
29,97 |
67,81% |
|
Altın (Has)(TL) |
994,86 |
1.720,00 |
72,89% |
|
Altın (Ons)($) |
1.726,00 |
1.960,00 |
13,56% |
|
Silver (Has)(TL) |
10,62 |
21,78 |
105,08% |
|
Silver (Ons)($) |
18,61 |
24,43 |
31,27% |
| Gold/Silver |
92,65 |
80,28 |
-13,35% |
While gold and silver have earned the investor the most in the past year, silver has increased by 105% in a year, making it the most of the investment instrument.
While the US dollar is the investment instrument that provides the least return, it is a fact that the currency-protected system has a lot of impact on it.
The gold/silver ratio is that the negative change of 13.35% ’ indicates that silver gains more value against gold. So gold has depreciated against silver.
At the point where the annual inflation data of July 2023 was 38%, all investment instruments protected themselves according to inflation and also provided a return.
The return on silver was 2.76 times the inflation.
The ranking from the top winner was as follows.
|
25.07.2022 |
25.07.2023 |
change % |
|
|
Silver (Has)(TL) |
10,62 |
21,78 |
105,08% |
|
Gold (Has)(TL) |
994,86 |
1.720,00 |
72,89% |
|
Euro |
17,86 |
29,97 |
67,81% |
| American dollar |
17,89 |
27,05 |
51,20% |
|
Silver (Ons) ( $) |
18,61 |
24,43 |
31,27% |
| Gold (Ons) ($) |
1.726,00 |
1.960,00 |
13,56% |
