State of Gold Buying Conditions: September 2026

Which of the seven conditions moved this month is on why is gold going up or down. Each condition has its own page.

What did the reading do since daily readings began?

The Barometer has published one reading a day since August 5, 2026. This first report therefore covers 57 daily readings, not a full quarter.

From August 5, 2026 to September 30, 2026, the daily reading stayed between 29 and 33 out of 100. The zone did not change during the period.

Where does that sit in the record since 1971?

We can rebuild 668 months of readings, from January 1971 to August 2026. Of those months, 109 read lower than the 32 of September 30, 2026.

How those months are rebuilt, and where that stops working, is on the methodology page.

What followed months like this one?

The record holds 152 months in the Unfavorable zone. Five years after such a month, gold had lost 15.8% after inflation in the middle case. Nine of ten replays of that record landed between -27.7% and -9.2%, also after inflation.

At one year, no zone separates from the others. The full tables are on the history page.

The seven parts on September 30, 2026

One row per part. Each part-score runs from 0 to 100, and a higher number means better conditions for a buyer. The weight is the share of the score a part carries on a normal day.

The score of September 30, 2026 rests on 6 of the 7 parts. When a part is missing, the other parts share out its weight. Retail premiums join the score once 90 days of dealer prices are on record.

Changes and corrections

Published readings are never quietly revised. Every change, with its reason, is logged on the corrections page.

How to cite this report

The data behind every figure is free to reuse with the credit line "Source: The Gold Barometer, thegoldbarometer.com" (CC BY 4.0). Files: the data page and the public archive.

It measures conditions. It is not advice, and it does not predict the price.