Any opinions expressed herein are solely those of the author, and do not in any way represent the views or opinions of any other person or entity. Twitter: does not have a position in any mentioned securities at the time of publication. Another intermarket indicator to keep on your radar. IF, a big IF, the US Dollar would fail to break out here, it would be of help to the precious metals complex. On that basis, the DJI wins with a gain of 22,819 vs. stocks) over Gold the past 4-years and until it takes out the support line (1), the message remains the same. On that day, gold was fixed at 20.67 while the DJI closed at 78.11. It is one of the oldest and most-watched indices in the world. The Dow Jones is a stock index that includes 30 large publicly traded companies based in the United States. The dow to gold ratio indicates the number of ounces of gold it takes to buy the shares in the Dow Jones Industrial Average index. The Dow Jones to Gold ratio broke above falling resistance shortly after the article was written back in 2011. Now the ratio is working on breaking above a 14-year falling channel and attempting to break above the 23% Fibonacci ratio.īottom line: The Dow Jones to Gold ratio has been correct in suggesting to own the Dow Jones (i.e. Gold Vs Dow Chart History Interpretation. The chart below looks at the Dow Jones Industrial Average to Gold ratio since the 1970’s. Dow Jones Live S&P 500 Live Nasdaq Live World Map. As you know, a continued debate for decades has been: Are stocks better than Gold or the other way around? Live Gold price in USD: On this site you get the real-time price of Gold in US-Dollar.
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