Gold/S&P 500 Ratio vs M2 Money Supply

Gold/S&P 500 Ratio

Gold price vs S&P 500 ratio

0.538
-13.91%
Gold Expensive

M2 Money Supply

M2 money supply (trillions USD)

23.34T USD
+2.86%
Normal Growth
23.3 22.9 22.4 Feb'26 Mar'26 Apr'26 May'26 Jun'26 Jul'26

Indicator Comparison

Gold/S&P 500 Ratio M2 Money Supply
Current 0.538 23.34T USD
Change -13.91% +2.86%
Status Gold Expensive Normal Growth
Data Source Yahoo Finance GC=F FRED M2SL
Update Frequency Daily Monthly
Last Updated October 13, 2026 August 1, 2026