M2 Money Supply vs Gold/S&P 500 Ratio

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

Gold/S&P 500 Ratio

Gold price vs S&P 500 ratio

0.558
-10.66%
Gold Expensive

Indicator Comparison

M2 Money Supply Gold/S&P 500 Ratio
Current 23.34T USD 0.558
Change +2.86% -10.66%
Status Normal Growth Gold Expensive
Data Source FRED M2SL Yahoo Finance GC=F
Update Frequency Monthly Daily
Last Updated August 1, 2026 September 25, 2026