Gold & silver vs. major asset classes

Indexed historical comparisons of gold and silver against home prices, college tuition, and inflation across multi-decade time ranges.

What did gold and silver actually beat?

Indexed to 100 at each pair's start year, gold has outpaced US median home prices, in-state public college tuition, and CPI inflation across the full long-run window (1971–present). Silver has tracked CPI roughly flat and lagged home prices and tuition over the same span — the divergence widened sharply post-2000 when silver's industrial-demand share grew but its monetary-premium share shrank. Per-pair charts and annotated period notes below.

Comparison data sourced from FRED (CSUSHPISA, CPIAUCSL), NCES Digest Table 330.10, and Stooq XAU/USD + XAG/USD daily closes. All charts use first-of-month buckets and are indexed to 100 at the displayed range's start.