Gold & Silver Index

Precious metals demand — real-time | Separate scores for gold and silver updated live

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Gold XAU/USD

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Silver XAG/USD

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Gold/Silver Ratio

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oz gold per oz silver

10Y Real Yield

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TIPS-implied

Gold Score

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0–25

Bearish

26–50

Neutral

51–75

Bullish

76–100

Extreme

Gold signals

Price momentum

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vs 1Y average

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Real yield signal

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Safe-haven demand

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Silver Score

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0–25

Bearish

26–50

Neutral

51–75

Bullish

76–100

Extreme

Silver signals

Price momentum

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vs 1Y average

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G/S ratio signal

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Industrial demand

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Combined Gold & Silver Index

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Gold + Silver weighted

Gold/Silver ratio

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Real yield

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Safe-haven demand

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0–25 Bearish 26–50 Neutral 51–75 Bullish 76–100 Extreme Demand

Combined score = Gold 55% + Silver 45%. Each metal scored independently then merged. Real yield and safe-haven demand apply to both. Refreshes every 5 minutes from live market data. Not financial advice. Read: Does gold actually hedge inflation? →

Data sources

Gold price

Yahoo Finance — GC=F

COMEX gold futures, updated every 5 min

Silver price

Yahoo Finance — SI=F

COMEX silver futures, updated every 5 min

Real yield proxy

FRED API — DGS10

10-year Treasury yield (key driver of gold)

Market fear proxy

Yahoo Finance — ^VIX

CBOE Volatility Index (safe-haven demand driver)

Gold and silver prices are highly sensitive to geopolitical tension. When the World Tension Score rises above 65, precious metals typically see increased safe-haven buying — investors moving capital out of equities and into hard assets that hold value during periods of instability.

The Gold & Silver Index scores each metal separately because they respond differently to market conditions. Gold is primarily a monetary safe haven driven by real yields and currency debasement. Silver has a significant industrial demand component — roughly 50% of annual silver demand comes from manufacturing — making it more sensitive to economic growth expectations.

The gold-to-silver ratio (currently tracked live on this page) is one of the most watched indicators in precious metals markets. A high ratio (above 80) historically signals silver is undervalued relative to gold and often precedes silver outperformance. A low ratio (below 50) suggests strong industrial and investment demand for silver.

Real yields — the 10-year Treasury yield minus expected inflation — are the single most important driver of gold prices. When real yields fall below zero, the opportunity cost of holding gold disappears, making it more attractive. The current yield reading is tracked live in the prices panel above.

World Tension Score → Does gold hedge inflation? → How geopolitics moves prices → Full methodology →