Gold the best asset over last one, three and 10 years

In dollar terms, gold has returned 38.9% over the year to February – ahead of gilts (5.8%) and cash (3.1%). The Tokyo Stock Price Index, or Topix, has fallen 22.9% in the period, with UK commercial property down 9.2% and the Euro Stoxx 8.1% lower. Over three years, gold is up 29.7%, ahead of the strong German Dax (15.8%) and the FTSE 250 (14.3%). While gilts and cash have done well recently, they are bottom of the list over three years, returning 5% and 2.8% respectively. The FTSE 250 is the best performing asset class over five years, returning 23.3%. The Dax is next best up 21.5% and g...