Live prices refresh every sixty seconds while you are here. Deeper structure — inventories, premiums, lease conditions, supply and demand — lives on each metal's page and in the research that models it.
The monetary metal. Central-bank demand, the Dragon's Hoard question, and pre-33 US coinage.
Open gold →Half money, half machine. Our deepest coverage: the Bottleneck model, the Stress Index, junk silver.
Open silver →Concentrated supply, industrial demand, and a century of trading both above and below gold.
Open platinum →The most supply-concentrated major metal — two countries, one dominant use.
Open palladium →A family of 0–100 indices measuring physical-market stress per metal. Each metal's market structure differs, so each index gets its own methodology — published before its first score. How the indices are built: methodology.
Supply, demand and the float.
Read →China's gold bid.
Read →Autumn 2026.
Read →Silver Stress Index
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CALM
Full contango, lease rates normal, float rebuilt. Oct 2025 squeeze peaked ~92. Updated monthly. Also known as the Squeeze-O-Meter™.
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