Gold: RSI, real-yield correlation, 52-week range · daily

On 2026-07-31, Gold closed at 4049.1 USD/oz, down 1.24% on the day. It trades at 33.8% of its 52-week range. Its RSI(14) of 45.36 is in the 27th percentile of its history since 2000, and its 20-day return of -3.14% in the 18th percentile. It is trading below its 20-, 50- and 200-day moving averages. Its 20/50/200-day moving averages are 4067.18 / 4202.95 / 4465.27 USD/oz, with price -0.44% / -3.66% / -9.32% against them. Its 52-week range is 3263.9–5586.2 USD/oz; it closed 27.52% below the high and 24.06% above the low. Its 20-day volatility is 1.354% daily, in the 78th percentile of its history since 2000. Its 14-day average true range (ATR) is 69.83 USD/oz, 1.72% of price. It has returned -0.45% over 5 days and -11.12% over 60 days.

=== GOLD  (USD/oz) ===
  price & change   (as of 2026-07-31, prior 2026-07-30)
    close       4049.10
    change      -51.00  (-1.244%)
  range            (as of 2026-07-31)
    range       80.00
    close pos   33.4% of range
  moving averages  (as of 2026-07-31)
     20d MA     4067.18   price below by -0.44%
     50d MA     4202.95   price below by -3.66%
    200d MA     4465.27   price below by -9.32%
    price < all MAs
    stack: 200d > 50d > 20d
  volatility       (as of 2026-07-31)
    20d stdev   1.354% daily ≈ 21.5% annualized (×√252)   (78th pct of own history, since 2000 (5670 obs))
    vs easing-2024 avg  0.96× (1.354% vs 1.411% era avg)
  ATR              (as of 2026-07-31)
    ATR(14)    69.83
    ATR%        1.72%   (84th pct of own history, since 2000 (5676 obs))
    range/ATR   114.6%
  52-week range    (as of 2026-07-31)
    high        5586.20   (-27.52% from high)
    low         3263.90   (+24.06% from low)
  momentum         (as of 2026-07-31)
    RSI(14)     45.36   (27th pct of own history, since 2000 (5676 obs))
  returns          (as of 2026-07-31)
     5d return  -0.45%
    20d return  -3.14%
    60d return  -11.12%
  volatility by rate-era
    pre-crisis       1.3878%   (from 2000-08-31)
    ZIRP-2009        1.1796%
    tightening-2015  0.8388%
    ZIRP-2019        1.0750%
    tightening-2022  0.9428%
    easing-2024      1.4115%
  real-yield sensitivity (gold weekly returns vs weekly Δ in 10Y TIPS real yield, DFII10)  (as of 2026-07-30)
    vs real yield (Δ) -0.54 (26w)
    vs real yield (Δ) -0.47 (52w)
  cross-asset sensitivity (gold weekly returns vs the US dollar index (DXY) and S&P 500)  (as of 2026-07-31)
    vs DXY      -0.17 (26w)
    vs DXY      -0.28 (52w)
    vs S&P 500  +0.55 (26w)
    vs S&P 500  +0.38 (52w)