Why investors turn to gold
It is a solid, tangible asset that acts as a buffer in volatile times. By incorporating gold into your investment strategy, you ensure that your wealth is not only preserved but also poised for future growth, offering peace of mind in uncertain times.
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How gold and commodities tend to move relative to US equities
Note: Returns based on the LBMA Gold Price PM for gold, the S&P 500 Index (including dividends) for US equities, and the Bloomberg Commodity Total Return Index for commodities using data from December 31, 2003, to December 31, 2023.
Periods when US equities are down significantly are defined as weeks when the S&P 500 Index falls by at least 2.5% or one standard deviation – a commonly used metric to determine unusually large market swings.
Average annual return of gold and other assets worldwide 1971-2024
Between January 1971 and March 2024, gold had average annual returns of 7.98 percent, which was only slightly behind the return of commodities, with an annual average of eight percent. The annual average return of gold in 2023 was 13.1 percent.
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Liquidity and Global Demand
This is a comprehensive time series of gold demand – broken down by sector and country from 2010 to 2023. Gold’s diverse uses, in jewellery, technology and by central banks and investors, mean different sectors of the gold market rise to prominence at different points in the global economic cycle. This diversity of demand and self-balancing nature of the gold market underpin gold’s robust qualities as an investment asset.