In February, the highest real return was achieved in gold bullion at 7.76 percent. Gold bullion also topped the annual evaluation. The Turkish Statistical Institute (TÜİK) revealed the “real return rates of financial investment instruments” for February. When reduced by the domestic producer price index (D-PPI), in February, the highest monthly real return of 7.92 percent or 7.76 percent was observed in gold bullion. When reduced by the D-PPI, deposit interest (gross) provided investors with a real return of 1.16 percent, Treasury Bonds (DİBS) with 0.63 percent, and euro with 0.26 percent, while dollar led investors to losses of 0.29 percent and the BIST 100 index to losses of 4.18 percent. When reduced by the Consumer Price Index (CPI), deposit interest (gross) provided investors with a real return of 1.01 percent, T-bills with 0.48 percent, and euro with 0.12 percent, while dollar led investors to losses of 0.44 percent and the BIST 100 index to losses of 4.32 percent. In the three-month evaluation period, T-bills provided investors with the highest real return rates of 6.5 percent when reduced by D-PPI and 3.7 percent when reduced by CPI. During the same period, Euro stood out as the investment instrument that led investors to the most loss, with a reduction of 2.59 percent by D-PPI and 5.15 percent by CPI. Over a 6-month evaluation, gold bullion became the investment instrument that provided the highest real return rates to investors with 15.79 percent by D-PPI and 7.58 percent by CPI. During the same period, the BIST 100 index was calculated as the investment instrument that led investors to the most loss, with reductions of 10.1 percent by D-PPI and 16.47 percent by CPI. ANNUAL PEAK IN GOLD BULLION When financial investment instruments were evaluated annually, gold bullion stood out as the investment item that provided the highest real returns to investors with 32.34 percent reduction by D-PPI and 19.17 percent by CPI. In the annual assessment, when reduced by D-PPI, deposit interest (gross) provided investors with a real return of 8.31 percent, and T-bills with 2.78 percent, while dollar led investors to losses of 6.16 percent, Euro to 9.47 percent, and the BIST 100 index to 14.18 percent losses. When reduced by the CPI, deposit interest (gross) led to a loss of 2.47 percent, T-bills to 7.45 percent loss, dollar to 15.5 percent loss, Euro to an 18.48 percent loss, and the BIST 100 index to a loss of 22.73 percent for investors.