Insights

Insights   •   Gold

Gold: A Distinct and Independent Asset Class



Source: Bloomberg, State Street Global Advisors. Data from January 31, 1990 to August 31, 2020. BCOM = Bloomberg Commodity Total Return Index. GSCI = S&P GSCI Total Return Index. Past performance is not a guarantee of future results.

Source: Bloomberg Finance, L.P., State Street Global Advisors. Data from 04/30/1991 to 08/31/2020. Index returns are unmanaged and do not reflect the deduction of any fees or expenses. Past performance is not a guarantee of future results. Gold is measured by LBMA Gold Price PM (USD/oz)

Source: Bloomberg Finance, L.P., State Street Global Advisors. Data from 12/31/1993 to 08/31/2020. Gold = gold spot price. Commodities = S&P GSCI Total Return Index. Hedge Funds = Hedge Fund Research HFRI FOF Diversified Index. REITs = FTSE NAREIT All Equity REITS Total Return Index. Private Equity = LPX50 Listed Private Equity Index Total Return. Past performance is not a guarantee of future results.

Source: Bloomberg Finance L.P. & State Street Global Advisors, date as of August 31, 2020. Gold is measured by LBMA Gold Price PM (USD/oz)

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