Metals Investment Calculator - Returns & Backtest

Backtest a long term metals plan with monthly historical prices. Choose a metal, set start and end year, add recurring contributions, and view yearly growth.

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Metals investment growth over time

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Results summary

2000 ➜ 2026

Final portfolio value
$137,911.83
Starting amount
$1,000
Total contributions
$32,400
Total growth
$104,511.83
Yearly metals investment breakdown
YearContributionsGrowthBalance
2000$2,200$15.48$2,215.48
2001$1,200-$28.08$3,387.40
2002$1,200$421.86$5,009.26
2003$1,200$1,004.38$7,213.64
2004$1,200-$535.23$7,878.41
2005$1,200$1,614.44$10,692.85
2006$1,200$471.98$12,364.83
2007$1,200$3,566.16$17,130.99
2008$1,200$477.80$18,808.79
2009$1,200$4,361.44$24,370.23
2010$1,200$4,319.95$29,890.18
2011$1,200$4,255.84$35,346.02
2012$1,200-$148.98$36,397.04
2013$1,200-$7,829.51$29,767.53
2014$1,200-$2,220.71$28,746.82
2015$1,200$1,214.49$31,161.31
2016$1,200$1,787.84$34,149.15
2017$1,200$1,741.18$37,090.33
2018$1,200$1,460.41$39,750.74
2019$1,200$6,135.90$47,086.64
2020$1,200$4,836.10$53,122.74
2021$1,200-$115.19$54,207.55
2022$1,200$2,965.91$58,373.46
2023$1,200$1,299.35$60,872.81
2024$1,200$10,615.06$72,687.87
2025$1,200$39,330.34$113,218.21
2026$1,200$23,493.62$137,911.83

About this metals investment calculator

This metals investment calculator helps you backtest recurring investing in gold, silver, copper, platinum, palladium, and aluminum with historical monthly data. It is designed for people comparing precious metals exposure, industrial metals exposure, and long term contribution strategies in one clear workflow.

How the model works

For each selected market we convert month to month price moves into monthly returns and apply those returns to your portfolio value with monthly compounding. Contributions are normalized to a monthly amount so daily, weekly, quarterly, and yearly plans can be compared on the same timeline. If your projection extends beyond the last available month, your assumed annual return is converted into an effective monthly rate and used for the remaining period.

Important assumptions

What this metals calculator helps you answer

People usually search for a gold investment calculator, silver investment calculator, or a metals backtest calculator when they want to test what could have happened with recurring investments. This page combines those use cases in one tool so you can compare multiple metals with the same assumptions.

Supported metals and symbols

This version supports Gold (GC=F), Silver (SI=F), Copper (HG=F), Platinum (PL=F), Palladium (PA=F), and Aluminum (ALI=F). Each symbol has its own historical range, so the earliest available start year depends on the selected market.

Precious metals versus industrial metals

Gold, silver, platinum, and palladium are often grouped as precious metals, while copper and aluminum are usually treated as industrial metals. Comparing both groups can help you understand how different demand drivers may affect long term outcomes.

Data source and update method

Historical monthly price data is sourced from Yahoo Finance futures series and stored in a generated dataset for this calculator. The model then uses monthly closes to build a consistent long term backtest view.

How the monthly metals backtest works

  • Month to month price changes become monthly returns
  • Recurring contributions are converted into an equivalent monthly flow
  • Portfolio value compounds each month across the selected period
  • Results are aggregated into yearly contributions growth and ending balance

Projection beyond the last available data year

If your end year is later than the last available historical month, the calculator switches to your assumed annual return. This lets you test conservative, base case, and optimistic scenarios after real market history ends.

How to read the output

  • Stacked chart: separates starting amount, total contributions, and market driven growth
  • Yearly table: shows how contributions and growth evolved each year
  • Summary: reports final value, total contributions, and total growth for the selected period

Example scenarios to test

  • Compare gold versus silver over the same start and end years
  • Compare copper versus aluminum for an industrial metals view
  • Use the same monthly contribution across all metals to compare sensitivity
  • Extend beyond history with 0 percent, 3 percent, or 6 percent assumptions

Important limits and assumptions

  • The model uses futures based monthly series, not physical spot bars or coins
  • Taxes, storage costs, broker spreads, and management fees are not included
  • Contract roll mechanics and term structure effects are not modeled separately
  • Results are scenario estimates, not forecasts or investment advice

Next steps

  • Stress test your plan: compare different start dates and assumptions instead of relying on one period.
  • Data guide: if you want more context on where our data comes from and how it is used in this calculator, see the Calculator Data Guide.
  • Cross-check behavior: compare with the Crypto Investment Calculator or the S&P 500 backtest.

Glossary and common questions about metals investing