M2 Money Supply vs Gold/S&P 500 Ratio

M2 Money Supply

M2 money supply (trillions USD)

23.22T USD
+2.34%
Normal Growth
23.2 22.8 22.4 Feb'26 Mar'26 Apr'26 May'26 Jun'26

Gold/S&P 500 Ratio

Gold price vs S&P 500 ratio

0.587
-5.96%
Gold Expensive

Indicator Comparison

M2 Money Supply Gold/S&P 500 Ratio
Current 23.22T USD 0.587
Change +2.34% -5.96%
Status Normal Growth Gold Expensive
Data Source FRED M2SL Yahoo Finance GC=F
Update Frequency Monthly Daily
Last Updated July 1, 2026 August 28, 2026