Gold/S&P 500 Ratio vs M2 Money Supply

Gold/S&P 500 Ratio

Gold price vs S&P 500 ratio

0.528
-15.53%
Gold Expensive

M2 Money Supply

M2 money supply (trillions USD)

23.41T USD
+3.17%
Normal Growth
23.4 22.9 22.4 Feb'26 Mar'26 Apr'26 May'26 Jun'26 Jul'26 Aug'26

Indicator Comparison

Gold/S&P 500 Ratio M2 Money Supply
Current 0.528 23.41T USD
Change -15.53% +3.17%
Status Gold Expensive Normal Growth
Data Source Yahoo Finance GC=F FRED M2SL
Update Frequency Daily Monthly
Last Updated November 3, 2026 September 1, 2026