Gold Beats Other Investments Over Past 10 Years

According to a recent report from Rhona O’Connell, over the past ten years, gold outperformed the next best asset class by a factor of just over two.

Gold’s performance versus equities was consistent over the past one, three, five and ten years. In addition, gold was cited as the least volatile asset class over the same period.

The report stated that gold’s performance and correlation with equities demonstrated its value as a tool for portfolio diversification. The report calculated gold’s annual return for the past ten years to be 14.3%, compared to 5.9% for bonds, 1.6% for cash and just 1.2% for real estate. Equity returns were negative.

(July 29, 2010, Miniweb, Gold best performing asset class over 6 months, 1, 3, 5 and 10 years)

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