From the perspective of long term investments, gold demonstrates impressive results. Personally, I hold gold at a relatively low cost and decide to continue holding it based on its long term upward trend.

Historical data shows that the price of gold generally has an upward trend. Even during correction periods, it is typically limited to a range of 20-30%. The only significant correction occurred between 2012 and 2015 and amounted to about 50%, which was caused by the previous 10-year bull market.

From 2003 to 2012, the price of gold increased from about 300 dollars to over 1800 dollars, nearly a 6-fold increase. Although a 6-fold increase over 10 years may not seem that impressive, the annual return is around 20%, which significantly exceeds most savings and investment products.

Even considering the correction period from 2012 to 2015 and the process of reaching new highs again in 2020, the investment value of gold remains significant from a longer-term perspective. For example, over a 17-year period from 2003 to 2020, a 6-fold increase translates to an average annual return of 11.1%.

Even more impressive, if we extend the time frame to the present, from $300 in 2003 to approximately $3800 currently, the price of gold has increased by 12.6 times over 22 years, and the annual return was 12.21%.

This data充分说明that, despite fluctuations in gold prices, in the long term it remains an investment choice with significant potential for value increase. For investors with a long-term perspective, gold is undoubtedly one of the asset allocation options worth considering.