Still hours to go until 2024; in 2023 gold and BIST 100 Investment instruments such as the index showed an upward performance against the Turkish lira. iPhone, ounce and gram of gold on January 1, 2023, BIST 100 index, dollar euro and what was the price of Bitcoin; Which rose the most in 2023 and what could happen in 2024?

“iPhone”, with its constantly rising prices in our country, is worth the price of an investment instrument.

iPhones, Besides being technological wonders, they also pose somewhat of a problem with the continuously rising dollar exchange rate in Turkey. acts as an investment vehicle. A comparison of iPhone prices on the first day of 2023 and today’s iPhone prices:

Prices on the first day of 2023 and prices available in Apple Stores from December 29, 2023 iPhone 14 128GB, iPhone 14 Plus 128GB And iPhoneSE 2022 64GB the price rose by just over 50%. iPhone 13 128GB The price increase remained just below 50%.

The underlying value of risky times: gold

An ounce of gold started 2023 at $1,928 and rose to $2,148, becoming the ATH (highest price of all time). This means that the return on ounces of gold will be 2023 11.41% It means that it is so.

If we look at the gram of gold that interests us most; grams of gold started 2023 at 1,095 Turkish lira and 1,994 It broke a new record level in TL. Good In 2023, 1 gram of gold has increased in value by 82%.

The reason why the gold price will rise in 2023 both globally and in our country is that 2023 is full of uncertainties. So big investors again this year protection of core values He preferred gold as his asset.

The heart of the Turkish stock market: BIST 100 index

BIST 100 index until 2023 It started at 5,568 points and rose to 8,562 points. broke a new record. BIST reached this record level from the first day of the year 53.61%It resulted in an increase of .

However, the index’s annual performance against the dollar was not very good. The index started 2023 at 294.41 points and reached the ATH level of 313.41 points. 6.46% made an increase. The BIST 100 index is currently below these levels against the dollar. It’s trading well below.

One of the leading indices in the US during the same period Nasdaq, started 2023 with 10,939 points and made ATH with 16,777 points. This upward movement takes place annually 54%It shows that it delivers a return that is close.

Another leading US index S&P500, started 2023 with 3,853 points and made ATH with 4,780 points. this too 24%This shows that there has been an increase of .

So are the S&P 500 and Nasdaq indices Such as BIST100 rising to a record high it’s noticable. However, the rise of the BIST 100 index is closer to the rate of increase of the Nasdaq.

The world’s reserve currency since World War II: the dollar

US Dollar vs Turkish Lira on the first day of 2023 18.82TLIt was traded on . Exchange rate of the dollar at the end of 2023 29TLRoomy . this too 57%This is an increase of more than . In fact, from the first day of 2023 the dollar more than 50 times He broke his own record and made ATH.

In short, someone who buys dollars on the first day of 2023 is now more than half of its principal investment He pocketed it as profit.

The main currency of the European Union: euro

Like the US dollar, the euro will be available to investors in 2023. great returns as long as. Percentage over 64 euro with an increase, 20.44 It is currently on its 2023 journey, which started from TL. 32TLIt goes on.

Inflation is the reason why the prices of both the dollar and the euro have risen so much. According to the CBRT, the CPI in January 2023 was 57.68% annualized and 6.65% monthly. The most current CPI data from November 2023 is 61.98% per year and it was 3.28% month over month.

However, Inflation Research Group (ENAG) According to data, the CPI rate in November is annual 129.27% and rose by 5.58 percent monthly.

The first crypto asset to introduce blockchain technology to the world: Bitcoin

Bitcoin by 2023 $16,545Although it started at , today it trades at more than twice this price. The top crypto asset rose to $44,747 in the second week of December 2023 160% value gained resources.

Looking at the price movement of Bitcoin in 2023, the US Central Bank (FED) is behind this increase in the first months of 2023. interest rate increasenot to continue this policy at the end of 2023 and Bitcoin halving event is approaching.

Which investment instruments are expected to yield the most in 2024?

If the CBRT raises interest rates further, investors will BIST And gold their capital by exiting investment vehicles such as can deposit it in banks. such as the US dollar and the euro stock exchange has been on an upward trend for quite some time and this upward movement This may be continued in 2024.

However, if the US central bank cuts rates in 2024, US investors will gold, stocks and crypto assets can switch to investment instruments such as. This indicates an upward movement in the price of gram gold. can trigger.

Also new edition iPhone 15 128GB 53,999TL and iPhone 15 Plus 128GB 61,999TL. If we add the 50% increase in 2023 to these prices, the iPhone 15 128 GB will be launched at the end of 2024. 80,999TL‘s and iPhone 15 Plus 128 GB 93,000TLIt could be over.

On the crypto asset market, around April 2024 Bitcoin halving event Bitcoin will happen It could be entering a bull market. The halving event will reduce the amount of newly mined Bitcoin by 50%. At the same time When the Fed lowers interest rates Investors can switch to risky assets such as Bitcoin and altcoins.

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