Spot as of 8:46 AM ET, Nov 6, 2026.
Spot Prices · per troy oz
Silver
$52.10
▼ −$0.66 (−1.25%)
XAG/USD · spot
Gold
$4,048.10
▼ −$73.60 (−1.79%)
XAU/USD · spot
Platinum
$1,529.00
▲ +$5.00 (+0.33%)
XPT/USD · spot
Palladium
$1,038.00
▼ −$26.00 (−2.44%)
XPD/USD · spot
October payrolls blew past the ~65,000 consensus at +165,000, unemployment dipped to 4.1%, and gold gave back yesterday's two-week-high bounce. Silver eased with it; platinum held a small green. The week is still up about 5% for gold per CNBC. Gold/silver ratio 77.7. Spot: all four metals from gold-api.com, Nov 6, 8:46 AM ET; change vs. the same feed's reading at 8:09 AM ET Thursday. Cross-check: Exa showed silver $51.96 around the same minute.
Melt Values · what the metal is worth
| Silver Item | Melt |
|---|---|
| 1 oz silver / American Silver Eagle | $52.10 |
| 90% dime | $3.77 |
| 90% quarter | $9.42 |
| 90% half dollar | $18.84 |
| Morgan / Peace dollar | $40.29 |
| 40% Kennedy half | $7.71 |
| War nickel (35%) | $2.93 |
| $1 face of 90% silver | $37.69 |
| $100 face bag (90%) | $3,768.91 |
| $1,000 face bag (90%) | $37,689.14 |
| Gold (pure content) | Melt |
|---|---|
| 1/10 oz gold | $404.81 |
| 1/4 oz gold | $1,012.03 |
| 1/2 oz gold | $2,024.05 |
| 1 oz gold | $4,048.10 |
Same Coin, Different Morning
Yesterday a 1/10 oz gold coin held $412.17 in metal. This morning it's $404.81 — about $7 less for the identical little coin after one jobs print.
Melt values are spot-only estimates based on spot prices at 8:46 AM ET Nov 6 and exclude dealer spreads/premiums. 90% silver uses 0.7234 oz per $1 face.
Today's Headlines
- Jobs smash: +165,000 vs ~65,000 expectedOctober nonfarm payrolls jumped 165,000, unemployment fell to 4.1%, and average hourly earnings rose 0.4% month over month / 3.1% year over year. August and September were revised up a combined 84,000. — CNBC, Fox Business
- Gold slips but still heads for best week in 2+ monthsSpot gold was off about 0.3–1.8% on the morning after touching a two-week high Thursday, yet remains up roughly 5% on the week as oil's weekly drop and the midterm dollar slide still help. — CNBC/Reuters
- Goldman cuts year-end gold target to $4,150Goldman Sachs lowered its end-2026 forecast from $4,650 to $4,150 and its end-2027 target from $5,400 to $4,800, citing a more hawkish Fed. Spot is now only about $100 under that new year-end number. — Investing.com, CNBC
- Fed hike odds still the next fightBefore the print, CME FedWatch showed roughly a 64–70% chance of a December hike. A hot jobs number usually firms those odds and the dollar, which leans on metals in the short run. — CNBC, FXStreet
Levels to Watch
▲ Gold 200-per SMA
$4,114
▼ Gold 100-per SMA
$4,050
▼ Gold 50-per SMA
$4,004
▲ Thu gold high
$4,147
$4,114 / $4,050 / $4,004 are 4-hour chart SMAs per FXStreet's Vishal Chaturvedi; $4,147 is Thursday's two-week high. Analyst levels, not Grumpy's predictions.
Grumpy's Take
Hot jobs print: keep the calculator, not the panic
- One print ≠ the whole week. Gold is red this morning and still up about 5% for the week. A hot payrolls number tends to firm the dollar and lean on metals for a few hours. That is not the same as the midterm rally never happened. Read the day and the week separately.
- Re-check melt before you stream or walk into a shop. $1 face of 90% is $37.69 in metal right now. Yesterday morning it was $38.17. If a Whatnot starting bid or a dealer quote was typed before 8:30 AM ET, it's already off. Update the number, then talk.
- Watch the spread, not just the spot. On a fast red morning some shops drop their buy price faster than their sell price. Ask for the bid and the ask on the same coin. The gap between them is how that counter makes a living.
- War nickels still hide silver. 1942–1945 Jefferson nickels are 35% silver — 0.0563 oz ASW, about $2.93 in melt today. They look like ordinary nickels until you check the date and the big mint mark over Monticello. Don't toss a wartime nickel into the change jar by habit.
Prices are spot-based estimates, not financial advice; premiums and spreads vary. Analyst levels are from FXStreet, not Grumpy's predictions. Sources: gold-api.com, Exa, CNBC, Fox Business, Investing.com, FXStreet.