Whats a good GOLD benchmark?
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Whats a good GOLD benchmark?
If I buy the index 500 fund from vanguard, it is benchmarked against the S&P500; however, IAU its benchmarked against what? or is there a gold (coin) "index" I could look to see its performance or compare it against the S&P500 or how it hows performed in the last 60 years?
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bronsuchecki
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Re: Whats a good GOLD benchmark?
Gold is a 24hr over the counter market, so no central exchange you can get a price from. If you are looking for daily data over a long period of time, then use the London Fixes, which you can download from here http://www.perthmint.com.au/investment_ ... rices.aspx in one csv file.
Disclosure: I work for the Perth Mint. What I say is done in a personal capacity and is not endorsed by the Mint.
Re: Whats a good GOLD benchmark?
Thank you. The website was very helpful