M2 Money Supply vs Gold/S&P 500 Ratio

M2 Money Supply

M2 money supply (trillions USD)

23.05T USD
+1.59%
Normal Growth
23.1 22.7 22.4 Feb'26 Mar'26 Apr'26

Gold/S&P 500 Ratio

Gold price vs S&P 500 ratio

0.550
-11.98%
Gold Expensive

Indicator Comparison

M2 Money Supply Gold/S&P 500 Ratio
Current 23.05T USD 0.550
Change +1.59% -11.98%
Status Normal Growth Gold Expensive
Data Source FRED M2SL Yahoo Finance GC=F
Update Frequency Monthly Daily
Last Updated May 1, 2026 July 9, 2026