Gold is one of the most unusual investments that anyone can make. It does not pay dividends, it does not produce earnings, and it does not make promises about growth prospects — like most firms do.
But it does deliver returns, outperforming property and the FTSE 100 Index over the past 10 years.
If someone had put 1,000 into the FTSE in 2007, for example, it would be worth 1,640 today, while the same amount invested in 20-year gilts would be worth 1,350, or 1,190 if the cash had been ploughed into U.K. property. An equal investment in gold would be worth more than 2,300.
This post was published at Daily Mail
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