Residents of These 15 States Show More Interest in Gold Than Stocks

Cooper Landing, Alaska
Jacob Boomsma / Shutterstock.com

Editor's Note: This story originally appeared on U.S. Money Reserve.

Gold has long been valued as a safe-haven asset, particularly during times of economic instability and inflation. Today, gold remains a key part of consumer portfolios because it holds its purchasing power even when other assets, such as stocks or real estate, may falter.

In recent years, interest in gold has seen significant growth, largely driven by uncertain global economic conditions. The onset of the COVID-19 pandemic in 2020 triggered a surge in gold prices as consumers sought refuge from the volatility of stock markets.

According to recent data from Gallup, when Americans were asked to identify what they consider the best long-term investment, gold emerged as a popular choice.

Despite the growing interest in newer asset types like cryptocurrencies, gold’s reputation as a stable and secure asset continues to resonate with a sizable portion of the population, particularly in certain parts of the U.S.

While the same Gallup poll indicates that gold’s reputation as a reliable asset varies by income and political affiliation, interest in gold also varies regionally. In some states, internet searches for terms containing “gold prices” outpace searches for terms containing “stock prices.”

Following is a breakdown of the top states with more interest in gold prices relative to stock prices. The analysis was conducted by U.S. Money Reserve, a leading distributor of government-issued gold, silver, platinum, and palladium, using data from Google Trends from 2019-2024. See the methodology section at the end for additional information.

15. Washington

Olympia, Washington
Always Wanderlust / Shutterstock.com
  • Relative search interest for gold prices: 55%
  • Relative search interest for stock prices: 45%
  • Change in gold price searches since 2019 (percentage points): +1

14. Oklahoma

Tulsa Oklahoma
Sean Pavone / Shutterstock.com
  • Relative search interest for gold prices: 57%
  • Relative search interest for stock prices: 43%
  • Change in gold price searches since 2019 (percentage points): +15

13. Hawaii

Homes in a residential community near Pearl City, Hawaii
ssguy / Shutterstock.com
  • Relative search interest for gold prices: 58%
  • Relative search interest for stock prices: 42%
  • Change in gold price searches since 2019 (percentage points): +22

12. North Dakota

Fargo, North Dakota
Jacob Boomsma / Shutterstock.com
  • Relative search interest for gold prices: 59%
  • Relative search interest for stock prices: 41%
  • Change in gold price searches since 2019 (percentage points): +41

11. Wyoming

Jackson, Wyoming
JMcQ / Shutterstock.com
  • Relative search interest for gold prices: 59%
  • Relative search interest for stock prices: 41%
  • Change in gold price searches since 2019 (percentage points): +51

10. South Dakota

Sioux Falls, South Dakota
Jacob Boomsma / Shutterstock.com
  • Relative search interest for gold prices: 61%
  • Relative search interest for stock prices: 39%
  • Change in gold price searches since 2019 (percentage points): +10

9. New Hampshire

Laconia, New Hampshire
Jon Bilous / Shutterstock.com
  • Relative search interest for gold prices: 61%
  • Relative search interest for stock prices: 39%
  • Change in gold price searches since 2019 (percentage points): +23

8. Oregon

Bend, Oregon
Jess Kraft / Shutterstock.com
  • Relative search interest for gold prices: 62%
  • Relative search interest for stock prices: 38%
  • Change in gold price searches since 2019 (percentage points): +4

7. Utah

Aerial View of Downtown Provo, Utah
Jacob Boomsma / Shutterstock.com
  • Relative search interest for gold prices: 62%
  • Relative search interest for stock prices: 38%
  • Change in gold price searches since 2019 (percentage points): +9

6. Idaho

Boise, Idaho neighborhood
CSNafzger / Shutterstock.com
  • Relative search interest for gold prices: 65%
  • Relative search interest for stock prices: 35%
  • Change in gold price searches since 2019 (percentage points): -14

5. Arizona

Flagstaff, Arizona
RuslanKphoto / Shutterstock.com
  • Relative search interest for gold prices: 65%
  • Relative search interest for stock prices: 35%
  • Change in gold price searches since 2019 (percentage points): +11

4. New Mexico

Silver City, New Mexico
Underawesternsky / Shutterstock.com
  • Relative search interest for gold prices: 66%
  • Relative search interest for stock prices: 34%
  • Change in gold price searches since 2019 (percentage points): +6

3. Nevada

Reno, Nevada
Don Mammoser / Shutterstock.com
  • Relative search interest for gold prices: 66%
  • Relative search interest for stock prices: 34%
  • Change in gold price searches since 2019 (percentage points): +19

2. Montana

Livingston, Montana
Nick Fox / Shutterstock.com
  • Relative search interest for gold prices: 68%
  • Relative search interest for stock prices: 32%
  • Change in gold price searches since 2019 (percentage points): +34

1. Alaska

Anchorage, Alaska
Rex Lisman / Shutterstock.com
  • Relative search interest for gold prices: 76%
  • Relative search interest for stock prices: 24%
  • Change in gold price searches since 2019 (percentage points): +44

Methodology

Business analyst woman working in an office on a computer and analyzing data
Undrey / Shutterstock.com

The data used in this study is from Google Trends. To identify the states most interested in gold prices relative to stock prices, researchers at U.S. Money Reserve calculated the share of searches containing the phrase “gold prices” relative to those containing “stock prices” over the study period (2019-2024).

In the event of a tie, the state with the greatest percentage point change in the share of “gold prices” searches relative to “stock prices” searches from 2019 to 2024 was ranked higher.

 

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