The graph shows the daily closing value of the Dow Jones Industrial Average (DJIA) indexed to grams of gold from January 1900 to September 4, 2009. It depicts that while the DJIA has increased over time, when measured in gold it reveals periods where the DJIA lost purchasing power and periods where it increased in purchasing power relative to gold over the past century.
The graph shows the daily closing value of the Dow Jones Industrial Average (DJIA) indexed to grams of gold from January 1900 to September 4, 2009. It depicts that while the DJIA has increased over time, when measured in gold it reveals periods where the DJIA lost purchasing power and periods where it increased in purchasing power relative to gold over the past century.
The graph shows the daily closing value of the Dow Jones Industrial Average (DJIA) indexed to grams of gold from January 1900 to September 4, 2009. It depicts that while the DJIA has increased over time, when measured in gold it reveals periods where the DJIA lost purchasing power and periods where it increased in purchasing power relative to gold over the past century.