What if you invested $1,000 in Gold (GLD) in 2020? (Inflation-Adjusted)
GLD · Commodity · Adjusted to 2026 dollars using BLS CPI-U data
View nominal (non-adjusted) versionA $1,000 investment in Gold (GLD) in 2020 grew to $2,870 in nominal terms. But 2020 dollars had 25% more purchasing power than today. After adjusting for cumulative inflation using BLS CPI-U data, the real value of that growth works out to $2,296 in constant 2020 dollars, equivalent to a +14.3% real annualized return.
Nominal final value
$2,870
+187.0% total return
Real value (2020 dollars)
$2,296
+129.6% real total return
Real annualized return
+14.3%
vs. +18.4% nominal annualized
Year-by-Year (Inflation-Adjusted)
$1,000 in Gold (GLD) since 2020, values in constant 2020 dollars
| Year | Nominal Value | Real Value (2020 $) |
|---|---|---|
| 2020 | $1,000 | $1,000 |
| 2021 | $1,156 | $1,100 |
| 2022 | $1,126 | $982 |
| 2023 | $1,201 | $1,009 |
| 2024 | $1,262 | $1,030 |
| 2025 | $1,731 | $1,385 |
| 2026 | $2,980 | $2,384 |
Inflation adjustment uses BLS CPI-U annual data, deflated to 2026 dollars. Nominal stock data from Yahoo Finance (split-adjusted closing prices). Real values are expressed in constant 2020 purchasing-power dollars. For informational and educational purposes only. Not financial advice. Past performance does not guarantee future results. See our methodology and full disclaimer.