Gold 10 year charts of performance and historical outlook

Gold is often referred as a “safe haven” during an economical / financial crysis. Well, these opinions have proven more or less wrong according to long term / 10 year charts because gold’s price has shown quite high volatility. On the other hand gold’s price did not change as extremely as silver’s price.

(Differences between gold and silver are highlighted in the 5 year gold-silver comparison charts.)

10 year gold spot price chart

Gold price performance chart in the past 10 years

Gold price performance against inflation in the last 10 years

10 year chart of the gold price*

Gold’s 10 year history covers the entire financial crysis and 1-2 year preceeding it. Today it is at cca. 700 $ below its peak (1900 vs 1200) Actually its price seems to stay around 1200 for the past year.

10 year price chart of 1 oz gold

The unit of gold above is 1 oz / 1 troy ounce = 31.10348 g (Troy ounce = 1/12 troy pound. Its a measure of precious metals.). (Prices are in US dollars)

Similar charts of the past 5 year can be found here.

10 years return graph of gold*

People often say that long term investments carry less risk than short term ones. Is this true for gold in the past 10 years?

  • Price has grown from cca. $700 to cca. $1300 throughout the past 10 years which equals 6.4% annual profit.
  • 5 year yield curve spends the majority of time on the positive domain.
  • 3 year yield curve seems more volatile than the 5 year one.
  • both 3 and 5 year yield curves started to fall in the past 1-2 years just like gold’s price.

Annualized 3 and 5 years return of gold price in the past 10 years

What can you see on the chart?

You can calculate gold’s 1 month return from gold’s price today and gold’s price 30 days ago. You can also do the same calculation for yesterday and gold’s price 31 days ago etc. If you do this calculation for each days, you will get a curve of gold’s 1 month yield. The same applies to other yield periods from three months to five ears.

This chart shows each yield curve in the past 10 years. It helps you to highlight how stable profits were.
Treshold marked with red shows 0% return.

Gold prices vs. inflation*

This chart shows gold’s relative change against the US customer price index in the past 10 years.

There was only a very short period when gold has been underperforming the US customer price index.

Gold price compared to US CPI / index in a 10 years chart

*charts have been created by using Chartoasis Sesame. If you feel like analyzing gold’s historical prices, you can do that for free at www.chartoasis.com/sesame . You can download gold’s historical data using this step-by-step guide.

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