Gold Investment: Returns Over 31 Years

May 13, 2011 5:57 pm

Here is some interesting stat we spotted today:

” In 1978-79, the price of gold (London) was USD 208 per troy ounce. In 2009-10, it rose to USD 1023. The average annualized return (or CAGR) works out to 5.27% per annum. We don’t have the official average for 2010-2011 but assuming it is USD 1400 the CAGR works out to 6.14%.”

That number, to us was a surprise – just 6.14 percent CAGR?

Of course we have written about Gold Statistics before.

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1 Comment for “Gold Investment: Returns Over 31 Years”

  1. […] of gold in the world and other gold statistics and silver statistics. We have also written about returns from gold investment and the Nixon […]

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