Gold and Silver Annual Rate of Return
Here's a screen shot on the annual return of gold and silver in different currencies. If you just hold on to it, you would have averaged around 19.1% a year since 2002 in US Dollar terms on gold.
What's interesting to note is that gold has held its value over the last 10 years while all other currencies have been falling in value.
For silver, you would have averaged 22.1% since 2002 even with two big drops during that time.
Source http://www.goldprice.org/
What's interesting to note is that gold has held its value over the last 10 years while all other currencies have been falling in value.
For silver, you would have averaged 22.1% since 2002 even with two big drops during that time.
Source http://www.goldprice.org/
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