Dow-to-Gold Ratio Holds Steady at 12 Amidst Persistent Inflation
The Dow-to-Gold ratio is a measure of how many ounces of gold it takes to buy one share of the Dow Jones Industrial Average.
In 2011, it took six ounces of gold to buy the Dow. Today, it takes twelve ounces, meaning the Dow has outpaced gold since then.
During the commodities boom in 2011, the Dow and gold reached historic highs: around $11,500 and $1,900 per ounce respectively. However, since then, the Dow has risen to over $51,000 while gold has increased to nearly $4,300.