Gold Required Return Calculator

Find the compound annual return required for a gold holding to grow from a starting value to a target value within a defined number of years.

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Required CAGR—
Growth Multiple—
Target—
Years—

Gold Required Return Formula

Required CAGR = (Target ÷ Starting Value)^(1 ÷ Years) − 1

The target must represent the amount you want the starting investment to become after the selected period.

Why Required Return Is More Useful Than a Target Alone

A target says where you want to be. Required return shows the annual compound performance needed to get there, making the difficulty of the target easier to evaluate.

Do Not Confuse Required Return With Expected Return

The required return is backward-looking from the goal. It is not a forecast and should not be presented as an expected market result.

Transaction costs, taxes and cash flows can materially alter the return actually required.

Frequently Asked Questions

Can required return be negative?

Yes, when the target is below the starting value.

Does this assume compounding?

Yes. The calculation is a compound annual rate.

Does this include monthly contributions?

No. Use a goal-planning calculator when contributions occur throughout the period.

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