How is the party comparison measured?

Month-on-month changes in the monthly average are compounded over the months each party held the White House since 1971; the record shows what happened during those months, not why.

How did silver do under Democratic presidents?

$1,000 in silver held through Democratic terms grew to about $9,100.

Gold under Democratic presidents since 1971

Since Feb 1971, $1,000 in gold held only through the 4 Democratic presidencies grew to about $6,600, about 8.2% a year over 288 months; silver grew to about $9,100.

Gold: $6,600; from $1,000
Silver: $9,100; from $1,000
Months: 288
Best for gold: Carter; +301.5%

In context

Democratic presidencies: Jimmy Carter: gold +301.5%, silver +275.0%; Bill Clinton: gold -19.1%, silver +24.3%; Barack Obama: gold +41.8%, silver +59.2%; Joe Biden: gold +42.5%, silver +23.2%.

For comparison, the 7 Republican presidencies took $1,000 in gold to about $16,000.

The best Democratic term for gold was Jimmy Carter's, +301.5%.

Monthly average prices in U.S. dollars per troy ounce (Kitco.com and the World Bank Pink Sheet), from the last full month before a period to its last full month; the record runs Feb 1971 to Oct 2026. What the record did, not a forecast.

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Updated Oct 2026 · record through Oct 2026