This site publishes free tools and analysis on gold, built entirely from public data. Every figure comes from a primary source — the CFTC, the US Treasury, the Bureau of Labor Statistics, the World Bank — and every source is named and linked. Nothing here tells you what to buy or where the price is going.
What moves the price of gold
Gold pays no interest and no dividend, so nothing about it compounds. Whatever return it gives comes entirely from the price moving — which means the price is set by what is happening around it. Four forces account for most of that movement week to week, and this site measures them one at a time, from the data each one leaves behind.
Those four move the price from one week to the next. Over years the level is set by things that barely register day to day: jewellery demand in India and China, mine supply, recycling, and what central banks do with their reserves. And in a real crisis gold is sometimes sold to cover losses elsewhere, which is why it fell in 2008 and again in March 2020. Anything presented as a complete model of the gold price is leaving something out, including this.
The tools
Each one pulls its figures from the source and shows its working. They are free, they need no account, and they are not built to sell you anything.
The writing
Longer pieces explaining the mechanisms the tools measure. Written to stay true rather than to be current, so they are worth reading a year from now.
Gold and Real Yields: What the Correlation Actually Is
Monthly changes in gold and in the 10-year real yield correlate at −0.46 since 2003, twice as strongly as the nominal yield everyone quotes. Run the comparison the usual way and you get almost zero, and conclude the opposite.
The Four Releases That Move Gold: FOMC, CPI, Jobs and PCE
Four scheduled US releases account for most of gold’s calendar-driven moves, and they work through one mechanism rather than four. What each one contains, why the surprise matters more than the number, and why “inflation is up, so gold goes up” is an assumption rather than a mechanism.
How Bond Yields Move Gold: Nominal, Real and Breakeven
Gold pays no interest, so what a bond pays after inflation is the real competition. Splitting a Treasury yield into its two parts takes two minutes and three free public series, and it is the difference between a useful reading and a misleading one.
How this site works
Primary sources only. Every number is taken from the organisation that produced it, not from a summary of a summary. The source is linked on the page so you can check it yourself, and most of the tools tell you exactly which file and which field they read.
No forecasts, no signals, no recommendations. There are no price targets here, no entry or exit levels, and nothing to buy. The aim is to explain what a number means, not to tell you what to do about it.
Mistakes are published, not quietly edited. Data gets revised and figures go stale. When something on this site turns out to be wrong or outdated, the change is recorded and dated on the corrections page, along with what stayed the same.
Educational content only. This is not financial advice or an investment recommendation. The author is not a registered financial adviser. More about the site and who writes it.