Gold and silver rally 5.5% – August 5, 2026
Looking back at August 5, 2026, the markets tracked by Alysly showed clear risk-on appetite: 51 of 79 monitored assets (65 %) closed higher. The day's biggest swing came from the commodity Palladium at +8.3 %. The major equity indices moved +1.9 % on average, as digital assets averaged +5.7 %.
The key points at a glance
- Breadth: 51 of 79 assets higher (65 %) – clear risk-on appetite.
- Biggest daily move: Palladium at +8.3 %.
- Indices: 16 of 16 higher – strongest S&P 500 Informationstechnologie (+4.98 %), weakest MSCI China (+0.34 %).
- Asset classes: leading crypto (+5.7 %), lagging commodities (-3.2 %).
- Crypto: top gainer HEI (+104.4 %), top loser SNXXB (-21.5 %).
- Correlation: EUR/USD ↔ Gold at +0.55 (moderately correlated).
Market barometer
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 +8.3 %, Palladium was the day's most notable single move. The chart shows its trajectory over the selected range:
Indices on the day
Of the 16 benchmark indices tracked, 16 closed higher – so the majority advanced. S&P 500 Informationstechnologie led the field at +4.98 %, while MSCI China trailed at +0.34 %. 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
HEI
HFT
DODO
SYN
BICO
FIDA
SNXXB
BANK
SNDKB
SPCXB
VIC
SKHYBThe crypto market's daily mean was +5.7 %. Leading the pack was HEI at +104.4 %, with SNXXB trailing at -21.5 %. 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 +5.5 %, energy and industrial commodities -3.2 %. 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.
| Name | Price | Change |
|---|---|---|
| Gold | 4152.6 | +1.52 % |
| Silver | 60.245 | +4.13 % |
| Platinum | 1756 | +7.98 % |
| Palladium | 1360.8 | +8.29 % |
| WTI crude | 75.77 | -5.69 % |
| Brent crude | 79.36 | -5.26 % |
| Gasoline | 2.8522 | -3.86 % |
| Heating oil | 3.7705 | -2.75 % |
| Copper | 6.6435 | +1.57 % |
Foreign exchange (Forex)
The key pair EUR/USD moved +0.16 % – 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.
| Pair | Price | Change |
|---|---|---|
  EUR/USD | 1.1551 | +0.16 % |
 GBP/USD | 1.345 | +0.15 % |
 USD/JPY | 157.14622456195488 | +0.61 % |
 AUD/USD | 0.704 | +0.66 % |
 USD/CAD | 1.4040999719180005 | +0.15 % |
 USD/CHF | 0.8057368463459833 | -0.09 % |
Cross-asset correlations
Over the past 90 trading days, EUR/USD and Gold were moderately correlated, with a correlation coefficient of +0.55. 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.
| Pair | r (90d) | −1 … +1 |
|---|---|---|
| S&P 500 ↔ Bitcoin | +0.42 | |
| S&P 500 ↔ Gold | +0.51 | |
| Gold ↔ Crude oil (WTI) | -0.38 | |
| EUR/USD ↔ Gold | +0.55 |
Summary
On balance, August 5, 2026 was a day of clear risk-on appetite across the markets Alysly tracks: 51 of 79 assets closed higher. The headline came from Palladium at +8.3 %. Across asset classes, crypto led (+5.7 %) while commodities lagged (-3.2 %). The correlation between EUR/USD and Gold was moderately correlated (+0.55) – 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.
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