If You'd Invested $1,000 in GLD 5 Years Ago, Here's How Much You'd Have Today

Gold has experienced a historic rally since early 2024, climbing from about $2,000/oz to over $5,600/oz at its peak, driven by elevated inflation and central-bank purchases (notably China). That surge translated into large gains for the SPDR Gold Shares ETF: GLD traded at $166.84 five years ago and finished April 24 at $433.25, a 159.7% total return (≈21% annualized). The article says the bullish case for gold remains intact — inflation above 3% and ongoing official-sector buying could keep demand strong, while gold’s low correlation with U.S. equities means it may provide portfolio diversification and further upside if economic growth slows.