- synchronised global economic growth
- shrinking central bank balance sheets and rising rates
- frothy asset prices
- market transparency, efficiency, and access.
We believe that these trends will support demand and maintain gold’s relevance as a strategic asset.
Gold has delivered positive returns over the long run, outperforming key asset classes
Annual average returns over various time periods*
*As of 31 December 2017. Annual return computations are based on total return indices, except gold where the spot price is used. This arrangement more accurately reflects portfolio level performance.
Source: Bloomberg, ICE Benchmark Administration, World Gold Council