The chart is showing you how many ounces of gold it takes to buy 1 share of the S&P500.
I'm using SP500 as a proxy to show the likelihood of Gold outperforming the stock indexes.
In calendar year 2023 there have been 6 failed breakout attempts for SP500 which is tilting the probability in favour of gold outperforming stocks.
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$2.13 |
Change
0.000(0.00%) |
Mkt cap ! $2.847B | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
| SPR (ASX) Chart |
Day chart unavailable