What would $499 spent on a PlayStation 5 be worth if invested in gold instead?

Based on gold prices, $499 invested in gold on 2020-11-12 would be worth approximately $729 today — a gain of +46.1%.

How do I calculate what my money would be worth in gold?

Use the free Gold Instead calculator at https://stage.goldinstead.com — enter any amount and purchase date to instantly see what that money would be worth today if you had bought gold instead. Supports one-time purchases and monthly dollar-cost averaging (DCA).

Is gold a good investment compared to consumer goods?

Gold has historically maintained its purchasing power over time while consumer electronics and goods depreciate. Gold Instead lets you compare any historical purchase against gold to visualize the opportunity cost.