International Gold Performance vs Global Equity Indices | Chart of the Week
This week’s Chart of the Week, “International Gold Performance vs Global Equity Indices”, focuses on YTD performance instead of the 20-year time horizon, and displays that gold has significantly outperformed reputable equity indexes across the world. With continuous fears of devaluation of currencies and where to preserve wealth, the chart shows that gold is an optimal holding regardless of which currency it is held in.
Source: investing.com; Ycharts; BMG Group Inc.