Prediction record

Hitmarkets

Gold outperforms the S&P 500 over the near term

A scored record for Benjamin Cowen, made on .

VideoPrimary sourcemarkets

Scored record

Hitmarkets

I still think gold will likely outperform the S&P 500 for a while here as it has been.

Gold outperforms the S&P 500 over the near term

Made on
2025-04-11
Outcome
Hit
Importance
3 / 5
Contribution
+2.76

Criterion

Resolution status
resolved
Resolved on
2026-04-10

Over the ~12 months from Apr 11 2025, gold's total return exceeds the S&P 500's total return

Over the ~12-month window, gold total return (~+46.6%) exceeded the S&P 500 total return (~+28-29%) by a wide, non-marginal margin. Gold outperformed. S&P endpoint uses Apr 10 2026 close (last trading day before the Sat Apr 11 deadline). Even a several-hundred-bps error in the S&P total-return estimate does not change the ordering.

Sources

  • Inflation Drops to 2.4%

    YouTube ·

    Source

Outcome evidence

  • Gold: $3,238.82/oz on Apr 11 2025 → $4,748.72/oz on Apr 11 2026 = +46.6% (gold pays no yield, so this is the total return).

    Evidence

  • Gold Apr 11 2026 endpoint value.

    Evidence

  • S&P 500: 5,363.36 close on Apr 11 2025 → 6,816.89 close on Apr 10 2026 (Apr 11 2026 was a Saturday; Apr 10 is the last trading day of the window) = +27.1% price return; adding the ~1.2-1.3% index dividend yield gives an ~12-month total return of roughly +28-29%.

    Evidence

Corrections

No public corrections.

Score contribution

+2.76
Confidence
80%
Outcome
Hit
Importance
3 / 5
Contribution
+2.76

This page displays the scored record as published; the website doesn't recompute or adjust the score.

Provenance

Gold outperforms the S&P 500 over the near term
Methodology version
v1.0.0
Last computed
July 18, 2026
Made on
2025-04-11

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