I came across the following chart that shows the annual performance of gold against the major assets classes of US and UK from 1978 to 2017. Similar to equities gold has performed well in some years and not so well in others. Gold tend to soar during periods of extreme bear markets for risky assets such as stocks.

Click to enlarge

Note: All returns are based on US dollars

Source: BullionVault

Download:

• Gold’s Yearly Returns vs. Major US and UK Asset Classes Chart (in pdf)

Related ETF:

• SPDR Gold Shares Trust (GLD)

Disclosure: No Positions