Gold (fear gauge)
Assessed by an AI model against this signal's rubric. Describes conditions; not a forecast or advice.
NormalEasing$3,899, 3m -6.1%
Gold off its highs at about $3,900 as real yields rise
Why it's at this level
Gold futures last traded at $3,899 (30 Oct close), about 6% lower over three months. The fall despite the Gulf war is consistent with rising US yields and Fed hikes, and gold is not signalling financial panic.
What this means for you
Gold's fall suggests markets see the energy shock as an inflation and rates problem rather than a financial-system crisis.
Why it matters
Gold is the oldest crisis hedge; disorderly surges signal fear about currencies, inflation or geopolitics.
What moves it
Real interest rates, central-bank buying, geopolitical fear, dollar moves.
Status at each of the last 8 checks
How it's rated
Alert
3-month gain > 20%, or a single-week move > 7% either way.
Watch
3-month gain 10–20%, or a fall > 8%.
Normal
3-month change between −8% and +10%.
Sources
- Yahoo Finance — Gold futures (GC=F)2026-10-30