Market mood · Updated every 30 minutes
Gold and silver market mood today
One number from 0 (cautious) to 100 (confident) that sums up the past week’s precious metals news and how calm gold has been, plus searches on our bullion finder once there are nine weeks of them. It describes the recent past. It isn’t a forecast or investment advice.
Today’s reading
Updated Nov 3, 7:51 PM ET35/100Cautious
A summary of the past week’s market news tone and how calm gold has been. It describes the recent past; it isn’t a forecast or advice.
What goes into today’s number
Each input is scored from 0 (cautious) to 100 (confident), then weighted. An input without enough data is left out and the others are re-weighted.
-
News tone, last 7 days29 · weight 62%
Daily briefs (5): 0 leaned higher, 2 lower, 3 mixed or quiet; 1,098 reports described a price move: 23% a rise, 68% a fall (weighted by importance).
-
How calm gold has been, 30 days44 · weight 38%
Gold’s daily moves over the last 30 days add up to 21.1% volatility a year, higher than on 56% of trading days in the past two years.
-
Searches on our bullion finderNot used
Left out until there are nine weeks of data (tracking began October 28, 2026).
The last 90 days
News tone, day by day
The overall tone of each weekday’s market brief over the last 90 days: 2% leaned higher, 12% lower, 86% mixed and 0% quiet. Each day links to its brief; each week to its recap.
Leaning higherLeaning lowerMixedQuiet
How the gauge is calculated
| Input | Weight | How it is scored |
|---|---|---|
| News tone, last 7 days | 50% | The share of daily briefs that leaned higher minus the share that leaned lower, together with the price moves the week’s reports describe (weighted by importance). 50 is balanced. Without this input there is no reading. |
| How calm gold has been | 31% | Gold’s volatility over the last 30 days against the past two years. Calmer than usual scores higher. |
| Searches on our bullion finder | 19% | Searches in the last 7 days against the weekly average of the 8 weeks before. Left out until there are nine weeks of data; until then news and calm share its weight in the same proportions. |
The weighted average is rounded to a whole number: 0–39 reads as cautious, 40–60 as neutral and 61–100 as confident. It is recomputed from our own data at most every 30 minutes, and each past day in the chart is computed the same way, as of that day.
Sources. News tone: our daily market briefs, written automatically with an AI model from OpenAI from reports by Reuters, Dow Jones, Kitco, the World Gold Council and others, collected every hour (market news). Volatility: LBMA (IBA) daily gold prices, continued with Bullion Trading LLC’s own 5 pm New York closes. Demand: anonymous searches on our Find your bullion tool.
Changed October 21, 2026. The gauge now reads the market only: our store premiums are no longer an input (they stay on our premium pages and deals page). The other inputs keep their proportions (news 40% → 50%, calm 25% → 31%, finder searches 15% → 19%), and the 90-day history above was recomputed on these inputs, so every day in it is measured the same way.
The gauge describes what has already happened. A high reading doesn’t mean prices will rise, and past readings don’t predict future prices. We buy and sell bullion, so read it as market context, not investment advice.
Embed this gauge
How this page is made
Collected every hour. Summed up twice a day. Linked to the source.
Where the news comes from
- Reuters and Dow Jones headlines for gold, silver, platinum and palladium, through TradingView
- Kitco News and MetalsDaily
- The World Gold Council
- Google News, for wider coverage
- A daily AI web search for anything the feeds missed
How the briefs are written
Every hour we collect new headlines. An AI model from OpenAI tags each one by metal, topic and importance and writes a one-line summary from its headline and teaser. It doesn’t read paywalled articles. On weekdays at about 8 AM and after the 5 PM New York close, it writes a brief from the most important reports and our own spot price feed. Every point cites the reports it came from. On Fridays it writes a recap of the week.
Who publishes it
Bullion Trading LLC is a physical precious metals dealer in New York’s Diamond District, in business since 2008. Prices on this page come from our own live feed and LBMA history. We buy and sell bullion, so read the briefs as market context, not investment advice. Briefs are published automatically, without an editor’s review. If you spot an error, tell us.
Live precious metals pricesGold price chartPrice timelineMarket moodNews archivePremiums over spotWhat we pay todayThe Journal