After wondering what the recent rise and fall of the gold price looked like next to another popular investment that has risen and fallen, the chart below was prepared. I don’t know about you, but it wasn’t what I was expecting, although, I’ve never owned Apple so I really didn’t have a feel for this at all.
The late-2004 start date above is when the SPDR Gold Shares ETF (GLD) was launched, back when Apple (AAPL) was trading at about $30 a share, up a low of $6 or $7 in 2003.So, even if you went back to the start of the gold bull market in 2000 or 2001, the rise in Apple shares would still dwarf the rise in the gold price.
