UBS YEARBOOK 2026 · 1900—2025 — Gold Performance During Market Drawdowns and High Inflation Regimes
Gold Performance in Crises — Empirical track record of gold as a downside defense and inflation hedge across eleven major equity drawdowns since 1975.
Across eleven major U.S. equity drawdowns since 1975, gold gained in eight and outperformed stocks in all eleven. Against inflation, however, gold posted negative real returns in 13 of 28 years when inflation exceeded 3%.
What this page answers
This static page is built to answer searches for UBS YEARBOOK 2026 · 1900—2025. It summarizes the live dataset behind the Gold Performance During Market Drawdowns and High Inflation Regimes panel and links to the full interactive chart.
Across eleven major U.S. equity drawdowns since 1975, gold gained in eight and outperformed stocks in all eleven. Against inflation, however, gold posted negative real returns in 13 of 28 years when inflation exceeded 3%. The data is refreshed by the History of Market pipeline and published as a stable JSON endpoint for research, citation, and AI-agent use.
The plate
Data & Source
GET /api/static/ubs-yearbook.json — Canonical dataset endpoint.
Exchange closing prices · Company filings · Robert Shiller · FRED · NBER.
FAQ
Where does this data come from?
History of Market combines public market and macro datasets — exchange closing prices, company filings, Robert Shiller, FRED, NBER, and the UBS Global Investment Returns Yearbook (Dimson–Marsh–Staunton). The exact endpoint for this panel is linked below.
How often is it updated?
Daily-tier datasets refresh after the U.S. market close, with a broader weekly refresh on Sunday. The timestamp shown on this page comes from the JSON payload.
Can I use the data?
Yes, for research and education with attribution to History of Market. Upstream data sources retain their own terms.