GROUP
Gold and silver
Gold and silver in dollars (New York futures) and in yen (Tokyo-listed trusts). The yen prices include currency moves. For the case for gold itself, see Gold Watch. Gold Watch →
Of 4: 0 oversold, 1 close to it, 0 overheated, 0 close to it (closing prices on 28 Sep 2026).
How far to trust the call here
For this group neither call made a difference in the past. Use the charts as background only.
▼Oversold No difference
On average there was no gap, or it went the wrong way.Three-month return against buying on any day: −0.7% on average. Up 61% of the time (56% for any day).
▲Overheated No difference
On average there was no gap, or it went the wrong way.Three-month return against buying on any day: +1.4% on average. Down 20% or more 5.1% of the time (1.5% for any day).
Tested on gold and silver futures and the gold ETF since 2011. The test in full →
RSI（14-day）30 or below = oversold, 75 or above = overheated
MACDBlue crossing above orange is the buy signal. It did not hold up in the test, so the calls ignore it
Tap a row in the table to switch the chart. Shading: blue = oversold days, orange = overheated days.
The list
| Name | Call | Price (day change) | RSI | vs 200-day | From 1-year high | 3-month change | MACD | Past year |
|---|---|---|---|---|---|---|---|---|
| COMEX front-month futures | NormalClose to oversold | $4,169.00−3.5% | 33 | −8% | −22% | +1% | Sell signal, 19d ago | |
| Tokyo-listed 1540 | Normal | ¥19,780−2.7% | 39 | −9% | −25% | +1% | Sell signal, 16d ago | |
| COMEX front-month futures | Normal | $61.79−3.8% | 40 | −15% | −46% | +2% | Sell signal, 18d ago | |
| Tokyo-listed 1542 | Normal | ¥28,270−3.4% | 42 | −17% | −55% | +2% | Sell signal, 15d ago |
Order: oversold, then normal, then overheated; lowest RSI first within each. vs 200-day: how far the price is above or below its 200-trading-day average. 3-month: change over 60 trading days. Past year: line = price, dotted = 200-day line.
Updated 29 Sep 2026 02:37 JST · closing prices on 28 Sep 2026