How much is an investment of 1000 dollars in gold worth now, 10 years later?

Directly to the data: The average gold price 10 years ago was $1,158/ounce, now it is $2,744/ounce, an increase of 136%. That means your $1,000 has now turned into $2,360, with an average annual return of 13.6%.

Sounds good? Let's compare: during the same period, the S&P 500 increased by 174%, averaging 17.4% per year. Moreover, the S&P also has dividends.

Why do some people still buy gold? Gold does not generate income; it is merely a store of value. However, it has a magical quality – during stock market crashes, gold often rises against the trend. In 2020, during the pandemic, gold increased by 24.43%, and during the inflation anxiety period in 2023, it rose by 13.08%.

Conclusion: Gold is a defensive investment; don't expect it to outperform stocks, but in times of global instability and rising inflation, it can protect your assets from depreciation. The prediction for gold in 2025 is an increase of about 10%, possibly reaching $3000/ounce.