S&P 500 vs Gold by June 2026

S&P: 7,450
Gold: $4,228/oz
Ratio: 1.76

Gold outpacing equities hard. Classic flight to safety setup or just macro hedge rotation? Either way, risk-off vibes getting louder.

Watch this ratio—when it compresses, traditional markets are bleeding and hard assets win. Crypto correlation to equities still tight, so if SPX rolls over, alts might follow.

Gold pumping = institutional fear. Position accordingly.