GoldNuggets — Gold Return Rankings

Asset Class Performance Rankings 2024

Heading into year-end, Gold $Gold - main 2502(GCmain)$ and the $.SPX(.SPX)$ are neck and neck for top spot.
There’s still 11 trading days left (as of the time of writing), and anything could happen, but certainly for now 2024 has so far been a very good year for gold and a relatively lackluster year for most other assets. (source)

China — Gold vs US Treasury Holdings

This chart from OMFIF’s 2025-26 Perspectives pack shows China’s steady move to rebalance out of treasuries and into gold.
The same trend has been echoed across BRICS+ with a steady rise in gold reserves vs steady decline in US treasury holdings. The key drivers of this have been geopolitics (e.g. sanctions risk), reaction to previous macro shocks (inflation denting treasury returns), concerns around US fiscal sustainability, and discussions around BRIC economies potentially forming their own gold-backed currency to counter US dollar dominance.

Gold vs Treasuries Relative Performance

But another key facet to the gold vs treasuries allocation debate has simply been good market timing and investment strategy. Gold formed a multi-year bottom vs treasuries in the late-2010’s, and for much of the 2020’s has been consistently outperforming vs treasuries.
p.s. Technical analysts might also note the 30-year ascending triangle pattern in this chart!

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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(<u>source</u>)</p></li></ul><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/bd53521148c894fe6dc6f3a461917628\" tg-width=\"1166\" tg-height=\"578\"></p><hr><h3 id=\"id_2440294452\" style=\"text-align: start;\">China — Gold vs US Treasury Holdings</h3><ul style=\"\"><li><p>This chart from OMFIF’s 2025-26 Perspectives pack shows China’s steady move to rebalance out of treasuries and into gold.  </p></li><li><p>The same trend has been echoed across BRICS+ with a steady rise in gold reserves vs steady decline in US treasury holdings. The key drivers of this have been geopolitics (e.g. sanctions risk), reaction to previous macro shocks (inflation denting treasury returns), concerns around US fiscal sustainability, and discussions around BRIC economies potentially forming their own gold-backed currency to counter US dollar dominance.</p></li></ul><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/e0eb2f09a3b98235f6eab362b1aca1d1\" tg-width=\"1456\" tg-height=\"1001\"></p><hr><h3 id=\"id_2363400899\" style=\"text-align: start;\">Gold vs Treasuries Relative Performance</h3><ul style=\"\"><li><p>But another key facet to the gold vs treasuries allocation debate has simply been good market timing and investment strategy. Gold formed a multi-year bottom vs treasuries in the late-2010’s, and for much of the 2020’s has been consistently outperforming vs treasuries. </p></li><li><p>p.s. Technical analysts might also note the 30-year ascending triangle pattern in this chart!</p></li></ul><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/f60b29052525b666c46e3e52841d8550\" tg-width=\"1292\" tg-height=\"945\"></p><p><br></p></body></html>","htmlText":"<html><head></head><body><h3 id=\"id_2086136900\" style=\"text-align: start;\">Asset Class Performance Rankings 2024</h3><ul style=\"\"><li><p>Heading into year-end, Gold <a data-mention-id=\"GCmain\" class=\"teditor-mention\" data-mention-name=\"Gold - main 2502\" href=\"https://ttm.financial/FUT/GCmain\">$Gold - main 2502(GCmain)$</a>  and the <a data-mention-id=\".SPX\" class=\"teditor-mention\" data-mention-name=\".SPX\" href=\"https://ttm.financial/S/.SPX\">$.SPX(.SPX)$</a> are neck and neck for top spot.</p></li><li><p>There’s still 11 trading days left (as of the time of writing), and anything could happen, but certainly for now 2024 has so far been a very good year for gold and a relatively lackluster year for most other assets. (<u>source</u>)</p></li></ul><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/bd53521148c894fe6dc6f3a461917628\" tg-width=\"1166\" tg-height=\"578\"></p><hr><h3 id=\"id_2440294452\" style=\"text-align: start;\">China — Gold vs US Treasury Holdings</h3><ul style=\"\"><li><p>This chart from OMFIF’s 2025-26 Perspectives pack shows China’s steady move to rebalance out of treasuries and into gold.  </p></li><li><p>The same trend has been echoed across BRICS+ with a steady rise in gold reserves vs steady decline in US treasury holdings. The key drivers of this have been geopolitics (e.g. sanctions risk), reaction to previous macro shocks (inflation denting treasury returns), concerns around US fiscal sustainability, and discussions around BRIC economies potentially forming their own gold-backed currency to counter US dollar dominance.</p></li></ul><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/e0eb2f09a3b98235f6eab362b1aca1d1\" tg-width=\"1456\" tg-height=\"1001\"></p><hr><h3 id=\"id_2363400899\" style=\"text-align: start;\">Gold vs Treasuries Relative Performance</h3><ul style=\"\"><li><p>But another key facet to the gold vs treasuries allocation debate has simply been good market timing and investment strategy. Gold formed a multi-year bottom vs treasuries in the late-2010’s, and for much of the 2020’s has been consistently outperforming vs treasuries. </p></li><li><p>p.s. Technical analysts might also note the 30-year ascending triangle pattern in this chart!</p></li></ul><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/f60b29052525b666c46e3e52841d8550\" tg-width=\"1292\" tg-height=\"945\"></p><p><br></p></body></html>","text":"Asset Class Performance Rankings 2024 Heading into year-end, Gold $Gold - main 2502(GCmain)$ and the $.SPX(.SPX)$ are neck and neck for top spot. There’s still 11 trading days left (as of the time of writing), and anything could happen, but certainly for now 2024 has so far been a very good year for gold and a relatively lackluster year for most other assets. (source) China — Gold vs US Treasury Holdings This chart from OMFIF’s 2025-26 Perspectives pack shows China’s steady move to rebalance out of treasuries and into gold. The same trend has been echoed across BRICS+ with a steady rise in gold reserves vs steady decline in US treasury holdings. The key drivers of this have been geopolitics (e.g. sanctions risk), reaction to previous macro shocks (inflation denting treasury returns), concerns around US fiscal sustainability, and discussions around BRIC economies potentially forming their own gold-backed currency to counter US dollar dominance. Gold vs Treasuries Relative Performance But another key facet to the gold vs treasuries allocation debate has simply been good market timing and investment strategy. Gold formed a multi-year bottom vs treasuries in the late-2010’s, and for much of the 2020’s has been consistently outperforming vs treasuries. p.s. 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