What would $35,000 spent on a Tesla Model 3 be worth if invested in gold instead?

Based on gold prices, $35,000 invested in gold on 2021-01-01 would be worth approximately $47,015 today — a gain of +34.3%.

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.

Automotive

Gold vs Tesla Model 3

The Tesla Model 3 started at around $35,000 in early 2021. This is what a $35,000 gold investment at the same time would be worth today — the opportunity cost of a car.

$35,000 · January 1, 2021

$35,000→$0+34.3%

You would have bought 17.9976 oz of gold. Gold was $1,945/oz then and is $2,612/oz today.

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