For our next Bespoke Reference post, we highlight the historical bull and bear markets for Gold since 1972 (post Bretton Woods).
Since '72, there have been 14 bull and 13 bear market cycles (20% rises/declines preceded by a 20% decline/rise). The average bull market in Gold has lasted 434 days with gains of 94.89%. The average bear is a bit longer at 538 days with average declines of 33.37%.
The current bull market in Gold that started in June of 2006 is a bit longer than the average at 496 days with gains of 36.24%.