See last year's thread here. Charts courtesy of goldprice.org. Figures of note: Silver up 6.2% in AUD for 2012 (7.4% in USD). Gold up 4.2% in AUD for 2012 (5.7% in USD). Silver has resulted in positive AUD returns 7 out of the last 10 years (8 out of 10 in USD). Gold has resulted in positive AUD returns 8 out of the last 10 years (10 out of 10 in USD). Silver's average AUD return for last 10 years is 14.9% (22.9% in USD) Gold's average AUD return for last 10 years is 10.9% (17.2% in USD). Not a stellar year for either metal - but both had a positive return - however anyone thinking the trend may buck will note that the last two years for silver have been mediocre, yet the highest price in the current bull market ($49 USD+) occurred in 2011 which ended the year negative. The gap between the performance of gold and silver is also widening - (last year was 11.8% gold / 13.6% silver) - will this gap continue to widen, or will gold play catchup this year? As of 1st Jan 2013: Gold: $1609.37 AUD, $1673.59 USD Silver: $28.96 AUD, $30.10 USD AUD/USD is 1.0395 GSR is 55.57
I missed the actual 31st Dec charts - did anyone save them? Silver was up 7.1% for the year and gold 5.4% - the above charts are now understating the performance for 2012.
Great chart. Has taken a couple hits over the years but cumulatively it seems to be a very good return. The trend will comtinue with the debt situation around the World.
