For Australian precious metals investors 21 June was a momentous day, with the price of gold topping A$2000 per ounce for the first time ever.
The chart below plots the rise in the price of the yellow metal since since the start of the year 2000, with gold rising from under A$450/oz over this time frame. This equates to a return of more than 8% per annum to any investor astute enough to have invested at the turn of the century.