Gold is at an all time high, about to cross $3700/ounce. That’s a 44% increase from last year’s $2506
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9 Comments
Grumpy51 · September 10, 2025 at 6:51 am
What the VAST majority fail to see (understand) is – the rising price of gold has a corollary – the decreasing value of FRN (federal reserve notes). IIRC, the dollar bill (FRN) in your pocket is only worth (purchasing power) about 3 cents today (as compared to 1910s).
Noway2 · September 10, 2025 at 6:55 am
In other words, the purchasing power of your dollar likewise declined 44% since last year.
Tom235 · September 10, 2025 at 7:23 am
Thank God, inflation is low. 🙂
TRX · September 10, 2025 at 8:30 am
Translation: the US dollar has dropped that much in relation to international gold value.
SiG · September 10, 2025 at 8:55 am
And I know you know this, but as a reminder for others, that doesn’t mean gold is worth more, it means the dollar is worth less.
It's just Boris · September 10, 2025 at 10:39 am
Versus the stock market which (using the S&P 500 as the metric) is up by around 19% over the last year. So yes, over that time frame and modulo entry/exit costs (which can be quite high for physical metal buys/sells, relative to stock or etf trading costs) and taxes on gains, gold would have been a better investment.
(By the way, some states charge sales tax on the purchase of precious metals, further eating at any potential gains if you prefer to hold actual gold.)
Silver, platinum and rhodium are all up by roughly the same fraction. Palladium, in contrast, has been pretty much flat, which seems odd but I don’t follow the PM market that closely.
beans · September 10, 2025 at 1:41 pm
Gee, I wonder who intentionally tanked the economy starting around the beginning of November, 2024?
I saw a ‘scary’ jobs report showing huge numbers lost in the last year. The last year ending in March, 2025. Again, gee, I wonder who tanked the economy before President Trump, yet they’re trying to blame it on President Trump?
Steady Steve · September 10, 2025 at 6:52 pm
And if you had been buying even small amounts each month since the 90’s low of $250, you would have protected your long term savings and built real wealth.
Honk Honk · September 10, 2025 at 8:25 pm
Gold is a construct of the white male patriarchy.
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