S&P 500 Edges Out Gold

Includes: GLD, IAU, SPY
by: Eddy Elfenbein

For the last several weeks, the price of gold and the S&P 500 have followed each other closely. Most of the time, gold has been ahead, but just recently stocks have gained the upper hand.


Although stocks have been perking up lately, the last ten years have been all about gold. Consider that in 2000 the S&P 500 used to be five times the prices of gold and now they're equal. But in 1980, gold was more than seven times the S&P 500.

Disclosure: No positions