Markets
Gold Has Outperformed the S&P 500 Over a 5-Yr Period 🚀
![Gold Has Outperformed the S&P 500 Over a 5-Yr Period 🚀](/_next/image?url=https%3A%2F%2Fcdn.voronoiapp.com%2Fpublic%2Fimages%2Fvoronoi-Gold-Has-Outperformed-the-SP-500-Over-a-5-Yr-Period--20240510132512.webp&w=3840&q=75)
What we’re showing
Performance of gold (CFD USD/oz) and the S&P 500 over the past 5 years ended April 12, 2024.
Gold is surging in 2024
Geopolitical conflicts including the war in Ukraine and the Israel-Hamas war have prompted investors to seek safe-haven assets like gold. Central banks have also been buying gold to hedge against inflation.
Get your gold at Costco
Costco is reportedly selling up to $200 million worth of gold bars every month, highlighting just how high demand is getting. The retailer began selling 1-ounce bars in the fall of 2023.
Dataset
1 Yr (%) | 5 Yr (%) | |
---|---|---|
Gold | 16.35 | 81.65 |
S&P 500 | 25.21 | 76.22 |
As of April 12, 2024 |
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