Gold Fear and Greed Index
One number for how fearful or greedy the gold market feels, live and with eight years of history.
How to read it
| Reading | Index |
|---|---|
| Extreme fear | 0 to 25 |
| Fear | 25 to 45 |
| Neutral | 45 to 55 |
| Greed | 55 to 75 |
| Extreme greed | 75 to 100 |
What the index is made of
Each input runs from 0 (extreme fear) to 100 (extreme greed).
Last 30 sessions
Mood calendar, last 26 weeks
Each square is one session, coloured by the day's reading.
What gold did after each reading
The index describes the mood. It does not call the direction: after most readings gold was higher about half the time or a little more. 2138 sessions since 2018-05-11, overlapping days, 10 sessions ahead. History, not a forecast.
| Reading | Days | Gold higher after | Typical move | Worst 1 in 10 |
|---|---|---|---|---|
| Extreme fear | 157 | 51% | +0.1% | -2.8% |
| Fear | 528 | 50% | 0.0% | -3.9% |
| Neutral | 460 | 61% | +0.8% | -3.1% |
| Greed | 905 | 59% | +0.6% | -2.6% |
| Extreme greed | 78 | 47% | -0.2% | -2.7% |
Frequently asked questions
What is the gold fear and greed index?
A number from 0 (extreme fear) to 100 (extreme greed) built from five public inputs: gold volatility, price momentum, RSI strength, the US dollar and fund positioning.
What does a reading of 20 or 80 mean?
Below 25 the market is in extreme fear; above 75 it is in extreme greed. These are the readings that trigger our alerts.
Can the index predict where gold goes next?
No. After Extreme fear readings gold was higher ten sessions later 51% of the time, close to a coin flip. The index describes the mood; it does not call the direction.
How often is it updated?
The live strip updates every two minutes during market hours, and the official daily reading is set after the close.