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Year-end price of gold per ounce from Kitco.com
No. Year
Year-end
Price of Gold
(oz)
% Change in
Gold Price
$/oz
$100
Invested in
Gold for 42
years
$100
Invested in
Gold for 20
years
$100
Invested in
Gold for 10
years
$100
Invested in
Gold for 5
years
$100
Invested in
Gold for 3
years
1 1968 $41.10 $100.00
2 1969 $35.17 -14.4% $85.57
3 1970 $37.44 6.5% $91.09
4 1971 $43.48 16.1% $105.79
5 1972 $63.91 47.0% $155.50
6 1973 $106.72 67.0% $259.66
7 1974 $183.85 72.3% $447.32
8 1975 $139.30 -24.2% $338.93
9 1976 $133.88 -3.9% $325.74
10 1977 $160.45 19.8% $390.39
11 1978 $207.83 29.5% $505.67
12 1979 $455.08 119.0% $1,107.25
13 1980 $549.92 20.8% $1,338.00
14 1981 $410.09 -25.4% $997.79
15 1982 $444.30 8.3% $1,081.02
16 1983 $389.36 -12.4% $947.35
17 1984 $320.14 -17.8% $778.93
18 1985 $320.81 0.2% $780.56
19 1986 $391.23 22.0% $951.90
20 1987 $486.31 24.3% $1,183.24
21 1988 $418.49 -13.9% $1,018.22
22 1989 $409.39 -2.2% $996.08
23 1990 $378.16 -7.6% $920.10 $100.00
24 1991 $361.06 -4.5% $878.49 $95.48
25 1992 $334.80 -7.3% $814.60 $88.53
26 1993 $383.35 14.5% $932.73 $101.37
27 1994 $379.29 -1.1% $922.85 $100.30
28 1995 $387.44 2.1% $942.68 $102.45
29 1996 $369.00 -4.8% $897.81 $97.58
30 1997 $288.74 -21.8% $702.53 $76.35
31 1998 $291.62 1.0% $709.54 $77.12
32 1999 $282.37 -3.2% $687.03 $74.67
33 2000 $274.45 -2.8% $667.76 $72.58 $100.00
34 2001 $276.50 0.7% $672.75 $73.12 $100.75
35 2002 $347.20 25.6% $844.77 $91.81 $126.51
36 2003 $416.25 19.9% $1,012.77 $110.07 $151.67
37 2004 $435.60 4.6% $1,059.85 $115.19 $158.72
38 2005 $513.00 17.8% $1,248.18 $135.66 $186.92 $100.00
39 2006 $632.00 23.2% $1,537.71 $167.13 $230.28 $123.20
40 2007 $833.75 31.9% $2,028.59 $220.48 $303.79 $162.52 $100.00
41 2008 $869.75 4.3% $2,116.18 $230.00 $316.91 $169.54 $104.32
42 2009 $1,087.00 25.0% $2,644.77 $287.44 $396.06 $211.89 $130.37
42-Year 20-Year 10-Year 5-Year 3-Year
Percentage Return $2,644.77 $287.44 $396.06 $211.89 $130.37
Compounded annual growth rate of return (CAGR) 8.11% 5.42% 14.76% 16.20% 9.24%
Average yearly return 11.13% 5.89% 13.37% 20.44% 20.41%
Best year 119.0% 31.9% 31.9% 31.9% 31.9%
Worst year -25.4% -21.8% -3.2% 4.3% 4.3%
Standard deviation of returns 27.7% 14.1% 12.8% 10.3% 14.4%
Number of winning years 25 12 9 5 3
Number of losing years 16 9 2 0 0
Risk-adjusted ratio (RAR) 0.29 0.39 1.15 1.57 0.64
How Standard Deviation Relates to Price Moves
Standard
Deviation
Chance of a
move up
Percentage
Gold Move
0.5 30.8% 13.9% -2.9% 24.9%
1.0 15.9% 27.7% -16.7% 38.7%
2.0 2.3% 55.4% -44.4% 66.4%
3.0 0.1% 83.1% -72.1% 94.1%
Expected range with +11%
Upward Bias
