Independent measurement. No advice, no positions, no paywall.Data updated 14 September 2026
Real Value Map

Gold vs U.S. Equities

Gold against U.S. equities with dividends reinvested — what each did to the same dollar.

Gold

+11,026.3%

World Bank Commodity Markets (Pink Sheet)

U.S. Large-Cap Equity Composite (total return)

+35,436.8%

Robert J. Shiller, Yale University

One gold, priced in u.s. large-cap equity composite (total return)

0.0000369

was 0.000118 in January 1971

Growth of one dollar, indexed to January 1971GoldU.S. Large-Cap Equity Composite (total return)

Logarithmic scale — each gridline is ten times the one below. These series span more than two orders of magnitude, which a linear axis would flatten into a single line.

The comparison begins in January 1960 because that is the first period in which both series exist. Values before then are not estimated. One gold bought 0.000118 of u.s. large-cap equity composite (total return) at the start of this period and 0.0000369 at the end.

Change the dates or either series →