Bitcoin vs. Gold vs. S&P 500 in 2026: Odds & Probability

Prediction markets currently price the S&P 500 at 67.5% to deliver the strongest return among the three assets in 2026, making it the favored outcome. The remainder of the market’s probability is split between Gold and Bitcoin, both rated as outside chances.

67.5%+1.5 pts 24h

Will the S&P 500 have the best performance in 2026?

Updated · Volume $864.7K

40%52%64%76%Jun 14Jun 22Jun 29Jul 7Jul 14
OutcomeProbability24h
Will the S&P 500 have the best performance in 2026?67.5%+1.5
Will Gold have the best performance in 2026?18.0%-0.5
Will Bitcoin have the best performance in 2026?16.5%-0.5

The S&P 500 is the favored outcome with a 67.5% chance. Gold’s 18.0% probability makes it unlikely, and Bitcoin’s 16.5% renders it unlikely.

Context

This prediction market pits three major global assets against one another, asking which will deliver the largest percentage price increase in 2026. The contenders are the S&P 500 index of US equities, gold futures, and Bitcoin. According to market pricing, the S&P 500 holds a commanding position with a 67.5% probability of winning, while gold and bitcoin attract only modest support. The calculation is straightforward. For each asset, the starting price is the official closing level on the last trading day of 2025. The ending price is the closing level on the last trading day of 2026. The percentage change is computed without accounting for dividends, coupons, or other income—this is a pure price-return contest. Data sources are specified to avoid ambiguity: the S&P 500 price will be drawn from Yahoo Finance, gold futures from MarketWatch, and bitcoin from Binance. If a trading day is shortened or the usual close is missing, the market falls back to the last available published close. In the event of a tie—should two or three assets post exactly the same percentage gain—the winner is determined alphabetically by the asset’s name as listed in the market title. Bitcoin thus beats Gold, and Gold beats the S&P 500 in a dead heat. Current probabilities suggest a strong conviction that equities will lead. The S&P 500 is the favored outcome, commanding 67.5% of the market’s weight. Gold and Bitcoin together account for the remaining probability, with each rated as unlikely and unlikely respectively. This spread indicates that participants see traditional stocks as a safer bet for 2026, though the distant resolution means sentiment can shift. Trading volume in this market has been $864.7K. It has oscillated between 44.5% and 72.0%. Market observers watch these movements for signals about economic expectations, though the usual caveats about crowd wisdom apply.

FAQ

How is the winner determined?

The asset with the highest percentage price change over 2026 wins. This is calculated using closing prices from the last trading day of 2025 and the last trading day of 2026. Sources: S&P 500 from Yahoo Finance, Gold from MarketWatch, Bitcoin from Binance.

What happens in a tie?

If two or more assets record the exact same performance, the winner is the one whose name appears first alphabetically among those tied, as they are listed in the market title. So Bitcoin ranks ahead of Gold, and Gold ahead of the S&P 500.

Are dividends or interest included?

No. The comparison uses only price returns. Total return measures, such as dividends for the S&P 500 or yield for gold, are not factored in.

When does the market resolve?

The resolution will be determined after the closing prices on the last trading day of 2026 become available, typically in early January 2027.

What does the current probability indicate?

The S&P 500 holds a 67.5% chance, making it the favored outcome. Gold and Bitcoin are each rated as unlikely and unlikely, suggesting they are seen as less likely to lead.

Data: Polymarket · Methodology · Not financial advice