The Bordeaux market may be struggling, but there are certain wines whose performance has belied market conditions. At the end of October the Gruaud Larose index reached a record high. It has climbed 5.9% year-to-date, in contrast to the Bordeaux 500 Index’s year-to-date gain of 2.8%.
Gruaud Larose sits in the Left Bank 200 Index within the wider Bordeaux 500. As shown below, over a five year period Gruard Larose has outperformed the Bordeaux 500, gaining 42.5% compared with the latter’s gain of 34.5%.
But the rise really began in Spring 2010, with the release of the 2009. Parker awarded the vintage 95 points, and it has reminded the market that Gruaud Larose is a Second Growth capable of producing legendary wines – such as the 1928, 1945, 1961, 1982, 1986 and 1990. With 2009 the greatest vintage produced in 19 years, is Gruaud Larose back?