Gold & Silver Fear Index — May 2026: 37.4
31 days · CalmIn 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 May 21. Early in the month, market watchers suggested the metal rally could resume as the fog of war lifts, while headlines later noted steady or lower prices following U.S. airstrikes and targeted actions on Iranian drones. Tension calmed at times when the president called off planned attacks on Iran and when news broke of a truce extension with Iran. Additionally, prices dipped on specific mornings after the 'Project Freedom' announcement and after a rejected peace plan. Overall, the month saw fluctuating market reactions tied to ongoing developments with Iran.
Scores in this month were computed by the first-generation engine (v1).
Peak 40 on 2026-05-11 · low 36 on 2026-05-21 · locked record · ← April · Gold & Silver Fear Index timeline · June → · World Tension, same month
What moved this index
biggest daily changes and the news that day2026-05-06+2 → 39
2026-05-04-1 → 37
2026-05-11+1 → 40
2026-05-12-1 → 39
Key headlines for Gold & Silver Fear
- Silver prices today, Tuesday, May 26: Silver prices remain steady after U.S. airstrikes on Iran Yahoo Finance · 2026-05-26
- Gold and silver prices today, Tuesday, May 19: Prices holding after president calls off planned attacks on Iran Yahoo Finance · 2026-05-19
- Silver prices today, Thursday, May 28, 2026: Opening lower this morning after U.S. targets Iranian drones Yahoo Finance · 2026-05-28
- Silver: Heading Toward a Silent Supply Crisis goldbroker.com · 2026-05-01
- PRSA Announces 2026 Anvil Award Winners PRSA · 2026-05-15
- Here are the 2026 winners of the Silver Knight Awards for Miami-Dade County Miami Herald · 2026-05-12
- Here are the 2026 winners of the Silver Knight Awards for Broward-Monroe counties Miami Herald · 2026-05-12
- Silver prices today, Friday, May 29, 2026: Silver prices open higher after news of truce extension with Iran Yahoo Finance · 2026-05-29
What eased the pressure
Day by day
| Date | Score | Zone | Change |
|---|---|---|---|
| 2026-05-01 | 38 | Calm | |
| 2026-05-02 | 38 | Calm | 0 |
| 2026-05-03 | 38 | Calm | 0 |
| 2026-05-04 | 37 | Calm | -1 |
| 2026-05-05 | 37 | Calm | 0 |
| 2026-05-06 | 39 | Calm | +2 |
| 2026-05-07 | 39 | Calm | 0 |
| 2026-05-08 | 39 | Calm | 0 |
| 2026-05-09 | 39 | Calm | 0 |
| 2026-05-10 | 39 | Calm | 0 |
| 2026-05-11 | 40 | Stable | +1 |
| 2026-05-12 | 39 | Calm | -1 |
| 2026-05-13 | 38 | Calm | -1 |
| 2026-05-14 | 38 | Calm | 0 |
| 2026-05-15 | 37 | Calm | -1 |
| 2026-05-16 | 37 | Calm | 0 |
| 2026-05-17 | 37 | Calm | 0 |
| 2026-05-18 | 37 | Calm | 0 |
| 2026-05-19 | 37 | Calm | 0 |
| 2026-05-20 | 37 | Calm | 0 |
| 2026-05-21 | 36 | Calm | -1 |
| 2026-05-22 | 36 | Calm | 0 |
| 2026-05-23 | 37 | Calm | +1 |
| 2026-05-24 | 36 | Calm | -1 |
| 2026-05-25 | 37 | Calm | +1 |
| 2026-05-26 | 37 | Calm | 0 |
| 2026-05-27 | 36 | Calm | -1 |
| 2026-05-28 | 36 | Calm | 0 |
| 2026-05-29 | 36 | Calm | 0 |
| 2026-05-30 | 36 | Calm | 0 |
| 2026-05-31 | 36 | Calm | 0 |
Headlines link to their original publishers. Story written from the engine's own numbers and these headlines only · download the year.