Gold outperformed most assets in the first quarter of 2009.
On the Matterhorn Asset Management website the Gold charts pages show that gold gained between 4% and 7% against major currencies in Q1 2009. In spite of being well off the highs for the quarter gold still showed an excellent return.
But even more importantly the Dow Jones declined 17% against gold in the first quarter with similar falls for most major stock markets against gold.
In the last four years, since the beginning of 2005, gold has gained over 75% against the dollar, 100% against the Euro and 170% against the pound whilst the Dow has lost 62% against Gold in the same period.
