Market data · Precious metals
Gold price and silver market data
The gold price is $4,363.10 an ounce and silver is $64.50 as of September 11, 2026, measured against 701 months of London bullion fixes going back to April 1968. Every tracker below carries its full history, the primary sources it was built from and a dataset you can download. A chart that nobody is able to check independently is decoration rather than evidence.
Priced at build time and refreshed in the browser 7 primary sources
Trackers
Current trackers
Each page answers what a number is now and what it has done before, while the calculators under Tools answer the different question of what that number means for your own account.
What it costs right now
Live spot, refreshed in the browser, with the month-end record behind it.
- Live, plus monthly closes back to 1968 Gold price today The live gold price, what moved it, and whether buying near a record has historically been a mistake.
- Live, plus monthly closes back to 1968 Silver price today The live silver price, and why silver's extra volatility against gold sits in the tail rather than in the typical month.
- 58 years, 697 monthly observations Gold to silver ratio How many ounces of silver one ounce of gold buys, against 58 years of history and every US recession.
What it has done
Every drawdown, every recovery, and what the price looks like once inflation is taken out.
- 58 years, 697 monthly observations Gold price history Every decline over 20% since 1968 with the months each took to recover, and the share of 10-year holds that still ended lower.
- Gold since 1968 against CPI-U since 1947 Gold price adjusted for inflation Gold in constant dollars since 1968. The January 1980 peak took 44 years and 9 months to recover in purchasing power.
Gold against other assets
Rolling windows against equities and bitcoin, with dividends counted rather than quietly dropped.
- Gold since 1968 against the S&P since 1871 Gold vs the S&P 500 Gold against US equities across every rolling 10-year window, counting the reinvested dividends most comparisons quietly omit.
- Common window from September 2014 Gold vs bitcoin Ounces of gold per bitcoin since 2014, the near-zero correlation between them, and what 11 years cannot settle.
What moves the price
Money supply and real interest rates, which explain more of gold's past than any headline does.
- Real rates since 1962 against gold since 1968 Real interest rates and gold The 10-year Treasury yield minus inflation, monthly since 1962. It reached 9.58% in May 1984, and it explains gold's past year far better than its next one.
- Gold since 1968 against M2 since 1959 Money supply and gold Whether gold tracks money printing. M2 grew 3.1 times between January 1980 and December 1999 while gold fell 55.6%.
Recession signals
The indicators our readers watch, scored against their own record rather than their reputation.
- 67 years, 800 monthly readings Sahm rule recession indicator It has flagged all 9 recessions in the record, and 7 of them only after the contraction had already begun.
- 59 years, 710 monthly readings US recession probability Twelve months before each of the last 8 recessions, the model read under 2%. It is excellent on the present and blind to the future.
- 50 years, 12,564 daily closes Yield curve inversion tracker The 10-year minus 2-year spread, daily since 1976, against every inversion and what followed it.
Federal and military savers
Thrift Savings Plan fund performance, and what a rollover would actually cost.
Method
How these pages are built
Every figure on every tracker is written into the page at build time rather than fetched by the browser afterwards, which sounds like an implementation detail and is actually the whole argument. Most tracker pages in this category render an empty shell and fill it in with JavaScript. The crawlers that increasingly answer these questions on a reader's behalf, GPTBot and ClaudeBot and PerplexityBot among them, then read a loading state where the number should be.
The charts work the same way, drawn on the server as plain SVG. The axis labels, the annotations and a written description of the shape are all present before any script runs. Interactivity is added afterwards for the human reader, so nothing that carries information ever sits behind hydration.
Three rules follow from that, and they are worth stating because they constrain what we can publish. Every date on a number is the date the source reported, never the date the page was built. Every claim in the prose is computed from the same data that draws the chart, and a test asserts that the two agree. That is what stops the writing drifting away from the numbers as each series updates. Where a figure is stale, the page says so and names the month it came from instead of implying it is current.
Read this first
What the spot price is not
The spot price on this page is the wholesale price of an unallocated bullion contract, and it is not the price at which anybody sells you a coin. What a dealer quotes is spot plus a premium over spot covering minting, distribution and their own margin. On common one-ounce products that premium has run from roughly 3% to well over 10%, depending on the product and on how tight supply is at the time.
The gap matters most inside a gold IRA, where the metal is bought once and held for years. A premium paid on the way in is locked into the position rather than traded away. A reader comparing a dealer quote against the number at the top of this page is doing the right arithmetic, and the difference between the two is the figure worth negotiating over.
None of these trackers price a gold ETF or a mining stock, both of which track the metal without holding it and carry their own costs. Everything here is the metal itself, at the London fix or at live spot. That is the right benchmark when the thing being bought is physical bullion sitting in a depository.
Provenance
Where the data comes from
Every series comes from the institution that published it, with no data aggregator sitting in between. Any figure here can be traced back to the original record and checked.
| Series | Source | Span |
|---|---|---|
| Gold, monthly close | LBMA Gold Price PM, London auction | 1968 to 2026 |
| Silver, monthly close | LBMA Silver Price, London auction | 1968 to 2026 |
| Gold and silver spot | Public market data, read at build time and again in the browser | Live |
| Consumer prices | BLS CPI-U, all urban consumers, via FRED | 1947 to 2026 |
| US equities | Shiller S&P Composite, spliced to FRED SP500 | 1871 to 2026 |
| Bitcoin, monthly close | Yahoo Finance BTC-USD | 2014 to 2026 |
| US recession dating | NBER business cycle reference dates | 1969 to 2026 |
Monthly series are refreshed by a scheduled job on the third of each month, once the sources have published the month that just closed, and each file records the timestamp it was fetched, while spot prices are requested once when the site builds and again when the page loads, which is why the live figure above can be newer than the last monthly close.