All charts and data below are CPI-U inflation-adjusted and with dividends reinvested. (Why?)

Total Real Returns

GLD: Total Real Return Chart (Dividends Reinvested, Inflation Adjusted)

GLD real return snapshot: after CPI-U inflation, GLD returned +10.35% over the past year and −4.19% YTD, with dividends reinvested. Since Nov. 18, 2004, GLD is up +404.18% in real purchasing-power return, or +7.68%/yr, and is currently −23.17% below its real total-return high on Jan. 29, 2026.

Data ending Fri Sep. 25, 2026

Growth of $10,000

Thu 2004-11-18💬 to Fri 2026-09-25 Overall
Return
Exponential
Trendline
GLD
×
+404.18%
+7.68%/yr
+4.43%/yr
R2=0.575
SPDR Gold Shares Exchange-Traded Fund

Growth of $10,000 Summary

Thu 2004-11-18💬 to Fri 2026-09-25 Start
Value
End
Value
GLD
×
$10,000.00
2004-11-18
$50,418.33
2026-09-25

This Year’s Performance

through 2026-09-25

  YTD YoY
GLD
×
−4.19% +10.35%

Drawdowns

  Current
Drawdown
Worst
Drawdown
GLD
×
−23.17%
on 2026-09-25
from 2026-01-29 peak
−47.98%
on 2015-12-17
from 2011-08-22 peak

Rolling Returns

Period ending Fri 2026-09-25 1 yr 2 yr 3 yr 5 yr 10 yr
GLD
×
+10.35% +50.31%
+22.60%/yr
+102.87%
+26.59%/yr
+96.72%
+14.49%/yr
+121.49%
+8.28%/yr

Annual Returns

Year GLD
2026 (YTD) −4.19%
2025 +59.41%
2024 +23.11%
2023 +9.04%
2022 −6.80%
2021 −10.45%
2020 +23.14%
2019 +15.22%
2018 −3.78%
2017 +10.47%
2016 +5.84%
2015 −11.32%
2014 −2.92%
2013 −29.39%
2012 +4.78%
2011 +6.41%
2010 +27.37%
2009 +20.74%
2008 +4.83%
2007 +25.32%
2006 +19.54%
2005 +13.86%
2004 −0.96%