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How the site works

Seven indicators, one workflow β€” built for people who actually own the metal.

BullionMarketCap pulls the data, positioning, and macro signals that matter for gold and silver into one free dashboard. Each indicator answers a different question about the precious metals market β€” and they work best when you read them in order.

USD Β· LBMA reference4 metals Β· 11 ETFs Β· 25 miners20+ years of history Β· Free forever
Cheat sheet

The 30-second read

Four cards, top to bottom. If they disagree, trust the Cycle Tracker first and look for confirmation from the other three.

  1. 1Start

    Cycle Tracker β€” the big picture

  2. 2Confirm

    Fear & Greed + Macro Playbook β€” is the setup real?

  3. 3Pick

    Gold/Silver ratio + Capital Rotation β€” which asset is cheap?

  4. 4Time

    Miner Sentiment β€” are we early or late on the miners?

The indicators

Every cycle leaves a signal

Seven tools covering price, sentiment, positioning, macro, and long-horizon rotation. Click any card to open the live indicator.

01

Gold Cycle Tracker

Where are we in the cycle?

Overlays today against every gold bull run since 1970 and flags how many oil-shock transmission steps have triggered. Tells you whether we are bouncing off a bottom, stuck in a bearish phase, or inside a historical pattern that has paid off every time.

How to use it

Check this first. When several zones line up on the bullish side, treat the rest of the site as confirmation rather than lead.

Open the Cycle Tracker
02

Bullion Fear & Greed Index

Is the crowd positioned for a top or a bottom?

A 0–100 sentiment score per asset (Gold, Silver, GDX, GDXJ) blending momentum, volatility, gold/silver ratio stretch, and miner leverage. Compresses noisy signals into one contrarian read.

How to use it

Extreme Fear (<25) has historically marked bottoms. Extreme Greed (>75) has historically marked blow-off tops. Pair it with the Cycle Tracker for the best setups.

View the index
03

Gold / Silver Ratio

Should I hold gold or silver right now?

One gold ounce buys N silver ounces. Above 80, silver is cheap. Below 50, gold is cheap. The ratio mean-reverts across cycles β€” the built-in calculator backtests swap rules against 25+ years of data.

How to use it

At extremes, swap between the two to compound your ounce count without adding cash. Optimal thresholds are auto-applied; override them to test your own rules.

Backtest your rules
04

Miner Sentiment

Time to buy gold in the ground?

Gold-to-miner ratio (XAU / GDX or GDXJ). High readings mean miners are cheap relative to the metal they dig β€” historically one of the best long setups. Seniors (GDX) are steadier; juniors (GDXJ) amplify both directions.

How to use it

Use the Miner Sentiment meter on the ETFs page for the current zone and 12-month forward return stats across 20 years of Gold/GDX ratio data.

View miners & ETFs
05

Capital Rotation

New

Are metals cheap vs stocks?

Silver/SPX and Gold/SPX ratios back to 1900. When metals get cheap relative to equities (high ratio), large rotations historically begin β€” 1932, 1979, 2011. Paired with COMEX COT positioning back to 1986.

How to use it

Long-horizon signal. The 2000β†’2012 rotation paid silver +529% and gold +498% while the S&P returned βˆ’3%. Use for allocation conviction, not entries.

Open Capital Rotation
06

Macro Playbook

What has gold done after signals like this?

When HY credit spreads, yield-curve inversions, housing, jobless claims, SLOOS tightening or oil shocks fire, here is what Gold, Silver, GDX and GDXJ have historically done β€” every cycle since 1976.

How to use it

Not a timing tool β€” a conditional playbook. When a macro rule lights up, scan the forward-return table to see what history paid the patient holder.

Open Macro Playbook
07

Central Bank Buying

Who is running to gold and why?

Central banks buy gold when they stop trusting other people’s paper. Heavy accumulation = risk-off, geopolitical stress, deglobalisation. Quiet buying = confidence in the dollar system.

How to use it

Watch emerging-market buyers. Sustained BRICS accumulation has preceded every major gold leg of the last 20 years. A slow signal β€” use for conviction, not entries.

Browse country data
Universe

What's covered

Live market data, central bank activity, and historical depth behind every indicator.

4
Precious metals
11
ETFs tracked
25+
Mining stocks
30+
Central banks
25+
Years of history
1900
Capital rotation data
Your tools

Beyond the indicators

Personal utilities that connect what the indicators tell you to what you actually hold.

Portfolio Tracker

Track physical gold, silver, platinum and palladium alongside mining stock positions. Live P&L against spot prices β€” no account required to start.

Track your stack
Live

Price & Indicator Alerts

Set custom alerts on Fear & Greed thresholds, price levels, and signal changes. Delivered by email or push notifications.

Create an alert

News & Analysis

Original commentary on precious metals markets, central bank buying, macro signals, and the indicators that matter. Updated regularly.

Read the latest
Ground rules

How we work

The principles behind every feature we ship, and every indicator we don't.

Backtest integrity

Every indicator uses only data that existed at time T. We respect publication delays, avoid revised series, and never look ahead. If it cannot be backtested honestly, we do not ship it.

Free & open access

All core tools are free. No paywalls, no gated charts, no premium tiers. Quality market data should be accessible to every investor, not just institutions.

No predictions, no advice

We report data, sentiment, and positioning β€” never trading signals or recommendations. Our role is to give you context, not tell you what to do with it.

Credits
The people and publications we learned from

Kitco News, Michael Maloney, George Gammon, David Lin, Lyn Alden β€” the source material behind the indicators and editorial framing on this site.

View resources
Start here

Open the Cycle Tracker, then work through the rest.

Every indicator has a direct link above. Bookmark the homepage for the daily summary and live prices.

Open Cycle TrackerFear & GreedTrack my stack
Disclaimer

BullionMarketCap provides market data and indicators for informational purposes only. We do not issue forecasts, recommend trades, or provide investment advice. All data may be delayed or inaccurate. Past performance does not guarantee future results. Always do your own research and consult a qualified financial advisor before making investment decisions.