Monday, 15 July 2013

The S&P 500 Index / Gold Ratio Continues to Rise

At 1.315 as of 12 July, the ratio is now the highest it's been since week ending 26 September 2008 when it was 1.342. 

So far this year the ratio has increased 53.8%, driven by a 17.2% increase in the S&P 500 index and a 23.8% decline in the price of gold (measured in US$ per ounce).

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