Precious Metals Gold Performance Matrix

Long-term historical rolling returns adjusted for Canadian Currency & Inflation (1971 — 2026)

CAD GOLD 10-YR 10-Year Horizon Metrics

Historical Profile	Nominal Annual	Real (Net)
Latest Trailing Period	13.65%	10.60%
Rolling Historical Minimum	-7.20%	-11.40%
Rolling Historical Median	7.90%	4.80%
Rolling Historical Maximum	26.50%	19.20%

Inflation Baseline Context: Latest 10-Yr Inflation: 3.05%

Rolling Bounds: Min: 1.30% | Median: 2.40% | Max: 8.10%

CAD GOLD 30-YR 30-Year Horizon Metrics

Historical Profile	Nominal Annual	Real (Net)
Latest Trailing Period	9.15%	6.85%
Rolling Historical Minimum	2.10%	-1.90%
Rolling Historical Median	6.80%	3.50%
Rolling Historical Maximum	11.20%	7.40%

Inflation Baseline Context: Latest 30-Yr Inflation: 2.30%

Rolling Bounds: Min: 1.80% | Median: 2.90% | Max: 5.30%

Visual Performance Review

Isolate specific underlying characteristics by swapping the structural time window.

💡 Noteworthy Insights

⚠️ Other Factors & Frictional Drag

Storage & Custody Physical bullion demands institutional security or secure vaults. Professional vaulting ranges from 0.5% to 1.5% annually, eating into total real return profiles over time.

Bid-Ask Conversion Spreads Bullion cannot buy goods directly. Converting to local currency triggers high-friction retail dealer premiums (approx. 2-5% round-trip for gold, up to 10-15%+ for silver).

Lack of Internal Yield Bullion produces zero dividend income or interest. For retirement drawdowns, investors are forced to systematically liquidate physical units rather than drawing out organic cash flow.

Collectible Tax Class Many tax jurisdictions tax physical bullion as a "collectible" rather than ordinary securities, applying higher marginal tax rate ceilings to long-term gains.