Grumpy Vet
Daily Metals Brief
2026-10-30

Spot as of ~8:11 AM ET, Oct 30, 2026.

Spot Prices · per troy oz

Silver
$50.10
▼ −$1.84 (−3.54%)
XAG/USD · spot
Gold
$3,965.75
▼ −$42.31 (−1.06%)
XAU/USD · spot
Platinum
$1,459.49
▼ −$25.40 (−1.71%)
XPT/USD · spot
Palladium
$987.81
▼ −$18.08 (−1.80%)
XPD/USD · spot
Day change is vs. prior close. Gold below $4,000, silver at the $50 line, palladium under $1,000. Month-end close today. Gold/silver ratio 79.2 (76.7 yesterday). Spot source: Exa market data, Oct 30, 8:11 AM ET; cross-checked with gold-api.com (8:11 AM ET, $3,966.90 / $50.21).

Melt Values · what the metal is worth

Silver ItemMelt
1 oz silver / American Silver Eagle$50.10
90% dime$3.62
90% quarter$9.06
90% half dollar$18.12
Morgan / Peace dollar$38.75
40% Kennedy half$7.41
War nickel (35%)$2.82
$1 face of 90% silver$36.24
$100 face bag (90%)$3,624.23
$1,000 face bag (90%)$36,242.34
Gold (pure content)Melt
1/10 oz gold$396.58
1/4 oz gold$991.44
1/2 oz gold$1,982.88
1 oz gold$3,965.75
Melt ≠ Price Tag
Melt is spot × metal content — nothing more. Real-world prices add dealer spreads and premiums, which vary by product, condition and demand.
Melt values are spot-only estimates based on spot prices at 8:11 AM ET and exclude dealer spreads/premiums. 90% silver uses 0.7234 oz per $1 face.

Today's Headlines

Levels to Watch

▲ Gold reclaim
$4,000
▼ Gold 52-wk low
$3,951
▼ Silver floor
$50.00
▲ Silver range top
$53.00
Gold $4,000 support per CNBC/Reuters and Centrino; $3,951.10 is the 52-week low close per GoldPrice.com; silver $50–$53 range per Centrino, Oct 30.

Grumpy's Take

Straight talk, no hype
  • Stacker's math on a down week. $1,000 bought about 18.6 oz of silver at Wednesday morning's $53.64. At $50.10 it buys about 20.0 oz, before premiums. If you were going to buy anyway, that's 1.3 free ounces. If you weren't, a sale price alone isn't a reason to start.
  • $50 is a round number, not a floor. Buyers love round numbers, so expect bounces around $50. But the 52-week low is $47.61. Don't bet the rent that it holds.
  • Small budget? Junk silver scales. A $10 face roll of 90% dimes holds 7.23 oz, about $362 in metal today. You can add a roll at a time and never overpay for a single big piece.
  • Palladium just lost $1,000. It's down about 40% this year. Unless you know that market cold, leave it to the catalytic-converter crowd and stick with silver and gold.
  • Month closes today, midterms Tuesday. Month-end trading gets jumpy and news can move metals over the weekend. If you're quoted a price Friday afternoon, ask if it holds Monday.

Prices are spot-based estimates, not financial advice; premiums and spreads vary. Analyst levels are from CNBC/Reuters, Centrino Capital and GoldPrice.com, not Grumpy's predictions. Sources: Exa market data, gold-api.com, CNBC/Reuters, BEA, QNA, Centrino Capital, GoldPrice.com.