Why gold beat the Dow in a raceTrays of 100 gramme gold bars at the Polish mint, also known as Mennica Polska SA, in Warsaw, Poland, on Feb 12. On Jan 26, gold hit $5,000 (157,342 baht) an ounce for the first time, and eleven days later, the Dow Jones Industrial Average cracked 50,000. At that point, the Dow was already 61% of the way towards its big round number, while gold was just 37% of the way there. Extrapolating data trends from 1985 through 2020, you would have expected the Dow to reach 50,000 by 2027 and gold not to hit the $5,000 target until 2035. The World Gold Council reported a 28% year-over-year increase in the population's purchases of gold bars and coins in 2025.

Source: Bangkok Post March 02, 2026 23:58 UTC