Gold & Silver Fear Index — month by month
9 months on recordEvery month this index has been published, each with the story behind its number: the biggest moves, the headlines that drove them, and what eased the pressure. Closed months are locked; the current month refreshes nightly. Long-run average so far: 45.4.
Every month on record
tap a month for its storyMarch 2026 →
Stable · range 40–48 · 8 days
The Gold & Silver Fear Index averaged 42.6 in March 2026. Tension was pushed up during the month by uncertainty surround…
April 2026 →
Stable · range 38–44 · 29 days ▼ 2.5
The Gold & Silver Fear Index averaged 40.1 in April 2026. Early in the month, concerns over dangerous nuclear brinkmansh…
May 2026 →
Calm · range 36–40 · 31 days ▼ 2.7
In May 2026, the Gold & Silver Fear Index averaged 37.4, reaching a high of 40 on May 11 and dropping to a low of 36 on …
June 2026 →
Calm · range 32–37 · 30 days ▼ 3.1
The Gold & Silver Fear Index averaged 34.3 in June 2026, reaching a high peak of 37 on June 5. Tension pushed up early i…
July 2026 →
Stable · range 32–62 · 31 days ▲ 5.4
The Gold & Silver Fear Index started July at its lowest point of 32 before rising over the month to average 39.7. Tensio…
August 2026 →
Moderate · range 47–63 · 31 days ▲ 15.0
The Gold & Silver Fear Index started August at its lowest point of 47 on August 1st. Tensions were pushed higher by news…
September 2026 →
Moderate · range 52–62 · 30 days ▲ 1.5
The Gold & Silver Fear Index averaged 56.2 in September 2026. Tension was pushed up early in the month, reaching a peak …
October 2026 →
Stable · range 48–60 · 31 days ▼ 3.5
In October 2026 the Gold & Silver Fear Index averaged 52.7 (). It peaked at 60 on 2026-10-16 and touched a low of 48 on …
November 2026 →
Stable · range 47–54 · 5 days ▼ 2.1
The Gold & Silver Fear Index had a fairly balanced November 2026, averaging 50.6 for the month. Early in the month on No…
How to read this timeline
What a month card shows. The big number is the monthly average of the Gold & Silver Fear Index — every day of the month added up and divided, nothing smoothed. Under it: the zone that average falls in, the lowest and highest daily score, and how the month compared with the one before.
Where this record stands. The Gold & Silver Fear has been running since March 2026. Its strongest month so far was September 2026 at 56.2; its calmest was June 2026 at 34.3 — a spread of 21.9 points. Compared with its first month it is now higher by 8.0.
Why the month pages matter. An average hides the story. Each month page lists the biggest daily moves and the headlines that caused them, plus what eased the pressure. That is how you tell a one-day shock from a real shift.
Locked and open. Closed months are locked the day they end and never rewritten. The current month refreshes every night until it closes, so its card can still move.
Back to the live Gold & Silver Fear Index · World Tension archive · API · CC BY 4.0