The real price of gold

A good indicator of gold's anti-inflation value is its worth versus the world's currencies. And the world's top ten currencies have lost nearly two-thirds of their value against gold since the start of 2000, says Adrian Ash.

One thousand dollars doesn't buy what it used to not for non-US investors, at least.

Back in March 2008, when the gold price first broke $1,000 an ounce, the euro equivalent peaked just shy of €660. Sterling investors here in the UK saw the price touch £515 an ounce.

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Adrian has written all things gold related from if it’s worth buying, what the real price of gold should be and what’s the point of gold for MoneyWeek. He has also written for other leading money titles on his gold expertise including Business Insider, Forbes, City A.M, Yahoo Finance and What Investment Magazine. Now Adrian is head of the research desk at BullionVault, a physical market for gold and silver for private investors online.