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Tuesday
Oct052010

S&P 500 Priced in Gold

DateTuesday, October 5, 2010 at 11:58AM

The S&P 500 may be trading at its highest levels in close to five months, but relative to the price of gold it looks like anything but a rally.  Back in October 2009, the price of the S&P 500 was actually higher than the price of gold.  Over the last year, though, gold has pulled ahead while stocks have gone nowhere.  Today, the S&P 500 is trading at 1,157 while the price of gold is trading at 1,337 per ounce, for a ratio of 0.86.

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Reader Comments (1)

How about S&P 500 priced in Apple?

October 5, 2010 | Unregistered Commenterbb

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