剔出CPI的黄金价格(1971-2012)

DateCPI(US)CPIAnnuelPercentChangeGoldPriceGoldPrice(CPI)RoRGoldRoRGold(CPI)197140.51.000000$41.17$41.17197241.81.0320993.2$59.00$57.1743.31%38.85%197344.41.0962966.2$97.84$89.2565.83%56.12%197449.31.21728411.0$158.96$130.5962.47%46.32%197553.81.3283959.1$160.91$121.131.23%-7.24%197656.91.4049385.8$124.71$88.77-22.50%-26.72%197760.61.4962966.5$147.78$98.7618.50%11.26%197865.21.6098777.6$193.39$120.1330.86%21.63%197972.61.79259311.3$304.83$170.0557.62%41.56%198082.42.03456813.5$614.61$302.08101.62%77.64%198190.92.24444410.3$459.26$204.62-25.28%-32.26%198296.52.3827166.2$375.28$157.50-18.29%-23.03%198399.62.4592593.2$423.61$172.2512.88%9.37%1984103.92.5654324.3$360.50$140.52-14.90%-18.42%1985107.62.6567903.6$317.18$119.38-12.02%-15.04%1986109.62.7061731.9$367.72$135.8815.93%13.82%1987113.62.8049383.6$446.28$159.1121.36%17.09%1988118.32.9209884.1$436.79$149.54-2.13%-6.01%1989124.03.0617284.8$380.74$124.35-12.83%-16.84%1990130.73.2271605.4$383.32$118.780.68%-4.48%1991136.23.3629634.2$362.10$107.67-5.54%-9.35%1992140.33.4641983.0$343.86$99.26-5.04%-7.81%1993144.53.5679013.0$360.00$100.904.69%1.65%1994148.23.6592592.6$384.12$104.976.70%4.04%1995152.43.7629632.8$384.05$102.06-0.02%-2.77%1996156.93.8740743.0$387.82$100.110.98%-1.91%1997160.53.9629632.3$330.98$83.52-14.66%-16.57%1998163.04.0246911.6$294.12$73.08-11.14%-12.50%1999166.64.1135802.2$278.55$67.71-5.29%-7.34%2000172.24.2518523.4$279.10$65.640.20%-3.06%2001177.14.3728402.8$272.67$62.36-2.30%-5.01%2002179.94.4419751.6$309.66$69.7113.57%11.80%2003184.04.5432102.3$362.91$79.8817.20%14.58%2004188.94.6641982.7$409.17$87.7312.75%9.82%2005195.34.8222223.4$444.47$92.178.63%5.07%2006201.64.9777783.2$603.95$121.3335.88%31.63%2007207.35.1195562.8$695.39$135.8315.14%11.95%2008215.35.3161233.8$871.65$163.9625.35%20.71%2009214.55.297210-0.4$972.90$183.6611.62%12.01%2010218.15.3840991.6$1,224.52$227.4325.86%23.83%2011224.95.5540493.2$1,565.81$281.9227.87%23.96%2012229.65.6689882.1$1,674.32$295.356.93%4.76%1.设定美国1982-1984年3年CPI的均值为1002.设定1971年美国CPI指数为报告中所用CPI数据的基期3.黄金价格为年度平均价格。计量办法不同，数据间可能存在一定误差4.黄金自1971年至2012年，算术平均回报率为11.9693%5.黄金自1971年至2012年，剔除CPI之后的算术平均回报率为7.1490%6.以1971年为基期，2012年末的黄金价格为295.35美元王东阳wangdongyang@chngc.netBGCNGoldResearch