Precious metals shine, up 2.8% – July 31, 2026

At the close on July 31, 2026, the markets tracked by Alysly showed a mixed picture: 35 of 69 monitored assets (51 %) closed higher. The standout mover was the commodity Palladium at +4.5 %. The major equity indices moved +1.9 % on average, with crypto around +1.5 %.

The key points at a glance

Breadth: 35 of 69 assets higher (51 %) – a mixed picture.
Biggest daily move: Palladium at +4.5 %.
Indices: 6 of 6 higher – strongest Nasdaq 100 (+3.30 %), weakest Dow Jones (+1.18 %).
Asset classes: leading precious metals (+2.8 %), lagging commodities (-1.1 %).
Crypto: top gainer MMT (+40.5 %), top loser EUL (-4.3 %).
Correlation: S&P 500 ↔ Gold at +0.47 (moderately correlated).

Market barometer

Market breadth35 / 69 up

Equity indices +1.9 %

Crypto +1.5 %

Precious metals +2.8 %

Commodities -1.1 %

Breadth = share of all tracked instruments (indices, liquid crypto, commodities, forex) with a positive daily change. Bars scale with the magnitude of each asset class's average daily return.

In focus: Palladium

At +4.5 %, Palladium was the day's most notable single move. The chart shows its trajectory over the selected range:

Indices on the day

Indices on the day
Index	Day	2026	1J
DAX	+1.64 %	+0.0 %	+3.8 %
MSCI World	+1.91 %	+8.8 %	+17.9 %
S&P 500	+1.68 %	+8.6 %	+16.9 %
Nasdaq 100	+3.30 %	+11.5 %	+20.3 %
Dow Jones	+1.18 %	+7.8 %	+17.3 %
Russell 2000	+1.39 %	+17.6 %	+32.1 %

Of the 6 benchmark indices tracked, 6 closed higher – so the majority advanced. Nasdaq 100 led the field at +3.30 %, while Dow Jones trailed at +1.18 %. The “52W” column shows where each index sits within its yearly range – a marker far to the right means it is trading close to its 52-week high.

Crypto: daily gainers & losers

From the 50 largest crypto assets by trading volume – illiquid micro-caps excluded.

Gainers

Crypto daily gainers
Name	Price	Change
MMT MMT	$0.3581	+40.54 %
GIGGLE GIGGLE	$39.96	+33.24 %
COTI COTI	$0.01455	+8.10 %
DEXE DEXE	$2.471	+4.97 %
KORUB KORUB	$17.58	+4.15 %
SKHYB SKHYB	$159.75	+3.86 %

Losers

Crypto daily losers
Name	Price	Change
EUL EUL	$1.416	-4.26 %
MIRA MIRA	$0.0418	-4.13 %
ESP ESP	$0.06807	-3.88 %
Chainlink LINK	$8.253	-2.34 %
ONDO ONDO	$0.4063	-2.33 %
ZEC ZEC	$460.62	-2.03 %

Across liquid coins, crypto came in at +1.5 %. Out in front was MMT at +40.5 %, with EUL trailing at -4.3 %. Crypto remains the most volatile asset class covered here – daily swings of this magnitude are normal and say little about the long-term trend.

Commodities & precious metals

Precious metals averaged +2.8 %, energy and industrial commodities -1.1 %. That is the classic pattern of a more defensive phase: metals bid, cyclical commodities softer. Gold is a traditional hedge, while crude oil and copper act as growth barometers.

Commodities & precious metals
Name	Price	Change
WTI crude	83.59	-1.03 %
Brent crude	86.88	-1.37 %
Gasoline	3.1313	-2.93 %
Heating oil	4.1291	-2.52 %
Copper	6.4745	+2.58 %
Gold	4160.6	+1.55 %
Silver	59.017	+1.60 %
Platinum	1660.2	+3.61 %
Palladium	1308.2	+4.47 %

Foreign exchange (Forex)

The key pair EUR/USD moved +0.71 % – the euro gained on the US dollar, so the dollar was relatively weaker. A firmer dollar tends to weigh on commodities and emerging markets, a weaker one supports them. Prices are drawn from CME FX futures.

Foreign exchange (Forex)
Pair	Price	Change
EUR/USD	1.1555	+0.71 %
GBP/USD	1.3475	+0.83 %
USD/JPY	0.0063145	+2.75 %
AUD/USD	0.7024	+0.67 %
USD/CAD	0.716	+0.32 %
USD/CHF	1.24965	+1.33 %

Cross-asset correlations

Over the past 90 trading days, S&P 500 and Gold were moderately correlated, with a correlation coefficient of +0.47. A value near +1 means they move together, near −1 they move opposite, near 0 there is no linear link. For portfolio diversification, low or negative correlations are valuable – they smooth out volatility.

Cross-asset correlations
Pair	r (90d)	−1 … +1
S&P 500 ↔ Bitcoin	+0.41
S&P 500 ↔ Gold	+0.47
Gold ↔ Crude oil (WTI)	-0.30
EUR/USD ↔ Gold	+0.46

Summary

In summary, July 31, 2026 was a day of a mixed picture across the markets Alysly tracks: 35 of 69 assets closed higher. The headline came from Palladium at +4.5 %. Across asset classes, precious metals led (+2.8 %) while commodities lagged (-1.1 %). The correlation between S&P 500 and Gold was moderately correlated (+0.47) – a gauge of how much diversification benefit combining the two currently offers. For long-term investors, though, single trading days are noise: what matters is broad diversification across asset classes, regions and time – not any one day's move.