In the past 25 years (from October 18, 2000 to October 18, 2025), the compound annual growth rate of gold has been about 11.6% (rising from approximately $271 per ounce to about $4,250/ oz). The compound annual growth rate of the S&P 500 index has been about 6.6% (rising from approximately 1,342 to about 6,664).

The rise in gold has exceeded the average inflation rate in the United States (~2.5 %), helping to maintain purchasing power and prevent currency devaluation. Sources vary: some believe it is an effective hedge, while others point out that the rise of gold is limited relative to the expansion of the money supply.

The annual compound growth rate of Bitcoin over the past eight years is 44%, and this calculation is based on October 2017, which is considered relatively high. It's clear who is more outstanding.