Gold vs Paper

28 Eki

his chart shows the performance of gold against major world currencies (USD, EUR, GBP, CHF, and JPY) over the past 5 years. Here are the key observations:

1. Overall Trend:

- Gold has appreciated against all major currencies, showing a strong upward trend

- The most dramatic appreciation appears to be against the Japanese Yen (likely the top purple line, showing ~220% increase)

2. Notable Periods:

- Early 2020: Sharp spike across all currencies (likely due to the COVID-19 pandemic)

- 2023-2024: Significant acceleration in gold's appreciation, particularly against the Yen

- Recent months show steeper appreciation across all currencies

3. Currency Performance Comparison:

- The Japanese Yen has weakened the most against gold (highest line)

- The other currencies show more clustered performance against gold

- Gold's appreciation appears to be around 100-150% against most major currencies over this period

4. Recent Momentum:

- The chart shows solid upward momentum in recent months

- The divergence between currencies has become more pronounced

This visualization effectively demonstrates gold's role as a store of value against fiat currency depreciation, with a particularly stark performance against the Yen during this period.






Share