Cryptocurrency Q&A
What if I invested $1 000 in gold 10 years ago?
What if I invested $1 000 in gold 10 years ago?
Valentino
Mon Nov 18 2024
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7 answers
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I am wondering how my investment in gold would have fared if I had put $1,000 into it ten years ago. Would it have been a profitable decision?
7 answers
Arianna
Wed Nov 20 2024
When translated into an annual return, this equates to an average of 8.86%.
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CryptoWizard
Wed Nov 20 2024
It's important to note that this calculation does not account for compounding.
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CharmedVoyager
Wed Nov 20 2024
Ten years prior, the value of gold was recorded at $1,246 per ounce.
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DondaejiDelightfulCharmingSmileJoy
Wed Nov 20 2024
Currently, the price of gold has surged to $2,350.65 per ounce.
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Valentina
Wed Nov 20 2024
Imagine if an investment of $1,000 was made in gold a decade ago.
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