Gold & Silver Fear Index — March 2026: 42.6

The Gold & Silver Fear Index averaged 42.6 in March 2026. Tension was pushed up during the month by uncertainty surrounding the Iran war, central bank actions, and wild market swings that saw precious metals plunge at times and jump later. The index hit its highest level of 48 on March 24th before quickly dropping to its lowest point of 40 on March 25th as gold and silver rebounded alongside rising crude oil prices. A slight bump in fear returned late in the month as investors kept their eyes on central banks and the ongoing conflict in Iran. Overall, the month ended on a relatively steady note with only a tiny one-point dip on March 29th.

Scores in this month were computed by the first-generation engine (v1).

Peak 48 on 2026-03-24 · low 40 on 2026-03-25 · locked record · · Gold & Silver Fear Index timeline · April → · World Tension, same month

• Silver Price Tops Oil as Gold Jumps $100 on Trump's Iran War 'Taco' BullionVault · 2026-03-10
• Why Is the Gold Price Falling Despite Iran War Uncertainty? Morningstar · 2026-03-23
• Why Is Gold Falling Despite Iran War Uncertainty? Morningstar · 2026-03-23
• Silver and Gold Rebound as Iran War Finally Gives Crude Oil a Year-on-Year Price Rise BullionVault · 2026-03-25
• Gold And Silver Prices Plunge Amid Iran Conflict Forbes · 2026-03-03
• Dollar Jumps, Gold and Silver Crash as Iran War Hits Stocks, Bonds, Base BullionVault · 2026-03-03
• Silver and Gold Crash as Iran War Kills Interest-Rates Cuts BullionVault · 2026-03-19
• Silver and Gold Fall as Governments Rush to Curb Iran War's Oil Price Shock BullionVault · 2026-03-11