How much would I haveif…

If I'd invested in gold since 1988

$1,000 put into gold at the end of 1988 would be worth about $10,296 today — a 10.3× return, or roughly 6.4% a year. Change the amount below to run your own number.

You'd have

$10,296

from $1,000 invested up 930%.

Multiple10.3×
Per year6.4%
In today's $$10,296
ounces held2.44 ounces
19882026

The story behind the number

Best year+20%1999
Worst year−17%2008
Steepest drop−42%2011→2015

Gold since 1988 has been a remarkably smooth ride. $1,000 put in at the end of 1988 grew to $10,296 — a 10.3× return, or about 6.4% a year.

The ride mattered as much as the destination. The strongest single year was 1999, up 20%; the worst was 2008, down 17%.

Holding on took nerve: the position fell as much as 42% from its 2011 peak to its 2015 low, before climbing back above that high by 2016.

Common questions

How much would I have if I'd invested $1,000 in gold in 1988?
$1,000 invested in gold at the end of 1988 would be worth about $10,296 today — a 10.3× return, or roughly 6.4% per year.
What were the best and worst years for gold since 1988?
The best year was 1999, up about 20%. The toughest was 2008, when it fell about 17%. Across the window, 224 of 450 years finished lower than they started.
What was the biggest drop along the way?
The steepest decline was about 42%, from a peak in 2011 to a low in 2015, with the value recovering above its prior high by 2016.

The chart above shows the whole journey, not just the destination. Try switching to a bit each year to see how spreading your buying would have changed the outcome — or skip the latte to find out what a small daily habit could have grown into instead.

Compare gold head-to-head since 1988

More gold scenarios

All gold years →

What else, since 1988?