Golds 2022 YTD Performance Relative to Equities and Popular Cryptocurrencies

According to a June 30, 2022 article published by the Washington Post titled “Stocks slide, with Wall Street closing out its worst first half since 1970,” the authors note: “The stock market closed out its worst six-month stretch to start a year since 1970, as inflation-driven upheaval has spread across nearly every part of the economy. The S&P 500 index edged 0.9 percent lower Thursday to bring its 2022 losses to 20.6 percent. The tech-heavy Nasdaq, which fell 1.3 percent, has tumbled nearly 30 percent this year, while the Dow Jones industrial average’s 0.8 percent drop put its year-to-date decline near 15 percent.”

Cryptocurrencies have also struggled since the beginning of this year. Bitcoin has tumbled 58.21%, and Ethereum is down a whopping 72.13% through June 30, 2022.

In comparison, gold has increased slightly, gaining .13% during the same period of January 3, 2022, to June 30, 2022. This gain, although modest, marks a relatively exceptional performance when compared to the other asset categories mentioned above and shows, in real time, how gold can act as an uncorrelated safe-haven asset in times of political and economic uncertainly. Couple this performance with gold’s average returns of 11% over the past 50 years, and you can understand why so many experts recommend diversifying your personal investment portfolio by investing gold.


Shaban, H. and Gregg, A. (2022 June 30) “Stocks slide, with Wall Street closing out its worst first half since 1970”. Retrieved from: