Gold vs Fiat — 25-Year Performance
Gold vs fiat performance over the last 25 years shows how gold has preserved purchasing power as major currencies weakened.
This chart shows how gold has performed over the last 25 years when priced in major fiat currencies.
It’s a direct lens on long-term purchasing power, inflation, and currency debasement.
What to look for
- Big gaps between currencies = FX weakness/strength showing up in gold.
- Steeper curves often align with inflation shocks and risk-off cycles.
- If gold is flat in USD but up in JPY/GBP/etc., that’s currency debasement, not “gold mania.”
To compare gold across currencies, use the symbol search in the chart and switch between:
XAUUSD, XAUEUR, XAUGBP, XAUJPY, XAUCHF, XAUCAD, XAUAUD
Data availability varies by symbol/provider; use the chart’s range controls (5Y/All) to view the full history available
Gold Performance by Currency (Long-Term View)
Gold’s performance varies dramatically depending on the currency it’s priced in.
The weaker the fiat, the stronger gold appears.
| Currency | 1Y | 5Y | 10Y | 25Y |
|---|---|---|---|---|
| USD | +12.8% | +68% | +110% | +480% |
| EUR | +8.7% | +74% | +135% | +520% |
| JPY | +21.6% | +92% | +180% | +680% |
| GBP | +6.6% | +63% | +120% | +510% |
| CAD | +9.9% | +70% | +125% | +540% |
Returns shown are approximate and for illustrative purposes. Performance varies by data source, pricing convention, and time period.
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