50-year analysis of gold performance during economic downturns
| Period | Recession | Gold Return | S&P 500 Return |
|---|---|---|---|
| 1973-1975 | Oil Crisis | +67.8% | -37.2% |
| 1980 | Double-dip recession | +32.6% | +25.8% |
| 1981-1982 | Early 1980s recession | -32.8% | -9.7% |
| 1990-1991 | Gulf War recession | -2.4% | +26.3% |
| 2001 | Dot-com crash | +2.4% | -13% |
| 2007-2009 | Financial crisis | +24.6% | -38.5% |
| 2020 | COVID-19 pandemic | +24.4% | +16.3% |