The ratio of the market value of above-ground global gold stock to global broad money supply reached 12.7% in April 2024, more than 40% above the long-term trend.
Global gold market capitalization to broad money supply ratio | |
---|---|
Market value of above ground world gold stocks to world broad money supply ratio | |
1995 | 7% |
1996 | 7% |
1997 | 7% |
1998 | 5% |
1999 | 5% |
2000 | 5% |
2001 | 5% |
2002 | 5% |
2003 | 5% |
2004 | 5% |
2005 | 6% |
2006 | 7% |
2007 | 7% |
2008 | 8% |
2009 | 8% |
2010 | 10% |
2011 | 12% |
2012 | 12% |
2013 | 10% |
2014 | 9% |
2015 | 8% |
2016 | 9% |
2017 | 8% |
2018 | 8% |
2019 | 9% |
2020 | 10% |
2021 | 9% |
2022 | 10% |
2023 | 10% |
2024-04 | 13% |