S&P 500 priced in gold
What S&P 500 is worth when the price is counted in gold instead of dollars.
One S&P 500 was worth 1.85 troy ounces of gold on 9 October 2026.
Price in US dollars: $7,812
Change in gold and in US dollars
| Period | In gold | In US dollars |
|---|---|---|
| 1 year | +9.3% | +16% |
| 5 years | −25.9% | +77.9% |
| 10 years | +7.4% | +263% |
As of 9 October 2026. Over five years, S&P 500 gained 77.9% in US dollars and lost 25.9% against gold.
S&P 500 in gold terms
The S&P 500 is the benchmark most investors measure themselves against, and in dollars it has mostly gone up. Priced in gold, the picture has long stretches that look different: the index can rise for years in dollar terms while buying fewer ounces of gold than before. The chart shows how many ounces one unit of the index is worth, which separates growth in company value from the shrinking of the currency it is quoted in.
Questions about S&P 500 in gold
How much is S&P 500 worth in gold?
One S&P 500 was worth 1.85 troy ounces of gold on 9 October 2026. Its price in US dollars was $7,812.
How has S&P 500 performed in gold terms?
Measured in gold, S&P 500 changed by +9.3% over one year, −25.9% over five years, +7.4% over ten years, as of 9 October 2026. In US dollars the changes were +16% over one year, +77.9% over five years, +263% over ten years.