shortage.life · last_sync · 2026-07-03 16:59:58 UTCbuild 27d88d1 · node v22.22.2

// node

shortage.life
v0.3 · brussels · build f3a2c81
● online · 47/47 sources · 312ms

// $_ exec

$ shortage commodity get PRE.GOLD
> spot: $4,187/oz
> stress_index: 0.71 WATCH
> updated 14:31 UTC

// readout · live

BRENT     $72.13/b 
TTF       €44.25/MWh 
OPEC_ORB  n/a
SPR_US    331.2 Mb 
FAO_FFPI  130.8 
auto-refresh 60slatency 312msbuild 0.3.0commit f3a2c81UTC 00:00:00
$_TICKER
BRENT$72.13● 0.0%TTF€44.25● 0.0%HH$3.25● 0.0%SPR_US331.2 Mb17.0dEU_GAS47.7%18c avgFAO_FFPI130.8▼0.2%WHT$6.00/bu● 0.0%BRENT$72.13● 0.0%TTF€44.25● 0.0%HH$3.25● 0.0%SPR_US331.2 Mb17.0dEU_GAS47.7%18c avgFAO_FFPI130.8▼0.2%WHT$6.00/bu● 0.0%
~/commodities/gold·category: precious metalcite · /api/v1/commodities/PRE.GOLD

Gold / PRE.GOLD

precious metal$/ozupdated: 14:31 UTC
WATCH
SPOT · $/oz$4,187/oz
Δ24H▲0.60%
Δ7D▲2.40%
Δ30D▲8.10%
STRESS · v3.20.71

[ 00 ]  $_SERIES · PRE.GOLD · spot trend

PRE.GOLD · $/ozlast 4710
READ MODE// long-form zoneEDITORIAL · commodity analysisdesk: Markets·last revision 14:31 UTC
Commodity analysis · PRE.GOLD · v3.2

Gold, and what the reading means.

Gold, the monetary safe-haven metal. Records reflect currency stress and sustained central-bank accumulation.

Desk Markets·EN · FR · ES, DE pending·sources: EIA, OPEC, IEA, FAO, USDA

What is Gold?

Gold is the preeminent monetary metal, priced in US dollars per troy ounce on the CME. Central banks hold gold as a reserve asset; investors hold it as a hedge against inflation and currency debasement. Current spot: $4,187/oz, stress index 0.71.

Gold, the monetary safe-haven metal. Records reflect currency stress and sustained central-bank accumulation. At the latest reading, Gold prints a spot of $4,187/oz — a move of ▲0.60% over the past twenty-four hours and ▲8.10% across the trailing thirty days.

The v3.2 stress index places PRE.GOLD at 0.71 — a watch reading on a composite that blends price momentum, inventory cover, supplier concentration and geopolitical exposure. The metric is recomputed on every ingestion cycle, and the weekly delta is the line worth tracking rather than the absolute level.

For operators, the question is not the spot itself but the buffer behind it. A tightening reading on Gold compounds with any incident on a shared transit route or producer, and the cascade is rarely linear. The scenarios below carry PRE.GOLD as an explicit input — each one is wargamed and reviewed against this commodity's exposure profile.

Frequently asked

Who holds the most gold reserves?
The United States holds the largest official gold reserve at ~8,133 tonnes, followed by Germany (~3,355t), Italy (~2,452t), France (~2,437t), Russia (~2,330t) and China (~2,260t, with private estimates higher). Central bank net buying has been positive every year since 2010, with 2024-2025 setting modern records.
Why has the gold price climbed?
Sustained central-bank buying (notably by Chinese, Indian, Polish and Turkish reserve managers), strong physical demand from Asian retail markets, and Western institutional inflows triggered by geopolitical and currency-diversification concerns. The post-2022 freeze of Russian central bank assets accelerated reserve-managers' shift away from concentrated dollar exposure.
What is the current Gold price?
The current Gold spot price is $4,187/oz, refreshed in real time on shortage.life from primary institutional sources. The shortage.life v3.2 stress index reading is 0.71 — see /methodology for how the composite is computed and how the components are weighted.

[ 01 ]  $_SCENARIOS · with PRE.GOLD exposure

No active scenario currently carries Gold as an explicit input.

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Gold · PRE.GOLD — spot, stress and analysis — shortage.life