Spot as of 8:09 AM ET, Nov 5, 2026.
Spot Prices · per troy oz
Silver
$52.76
▲ +$0.58 (+1.12%)
XAG/USD · spot
Gold
$4,121.70
▲ +$75.20 (+1.86%)
XAU/USD · spot
Platinum
$1,524.00
▲ +$48.00 (+3.25%)
XPT/USD · spot
Palladium
$1,064.00
▲ +$47.00 (+4.62%)
XPD/USD · spot
The election rally kept going overnight. Gold touched a two-week high as the dollar, oil, and Treasury yields all slipped, and platinum is back over $1,500. Silver gained too but lagged gold, so the gold/silver ratio ticked up to 78.1. Spot: all four metals from gold-api.com, Nov 5, 8:09 AM ET; change vs. the same feed's reading at 8:04 AM ET Wednesday. Cross-check: metalcharts.org showed gold $4,119.17 and silver $52.57.
Melt Values · what the metal is worth
| Silver Item | Melt |
|---|---|
| 1 oz silver / American Silver Eagle | $52.76 |
| 90% dime | $3.82 |
| 90% quarter | $9.54 |
| 90% half dollar | $19.08 |
| Morgan / Peace dollar | $40.81 |
| 40% Kennedy half | $7.80 |
| War nickel (35%) | $2.97 |
| $1 face of 90% silver | $38.17 |
| $100 face bag (90%) | $3,816.95 |
| $1,000 face bag (90%) | $38,169.48 |
| Gold (pure content) | Melt |
|---|---|
| 1/10 oz gold | $412.17 |
| 1/4 oz gold | $1,030.43 |
| 1/2 oz gold | $2,060.85 |
| 1 oz gold | $4,121.70 |
A Week Ago It Was Cheaper
Gold hit a one-year low of $3,869.85 last Friday, per Reuters via CNBC. At that price a 1/10 oz coin held $386.99 in gold. This morning it's $412.17, about $25 more for the same little coin.
Melt values are spot-only estimates based on spot prices at 8:09 AM ET Nov 5 and exclude dealer spreads/premiums. 90% silver uses 0.7234 oz per $1 face.
Today's Headlines
- Gold hits a two-week high as dollar, oil and yields fallSpot gold touched $4,146.63, a level last seen October 20, after jumping nearly 3.4% Wednesday. Brent fell below $100 after a near 9% drop on hopes the midterm results lower the risk of more escalation in the Iran war. Gold is up over $250 from Friday's one-year low. — CNBC
- Fed hike odds hold near 82% ahead of Friday's payrollsTraders still price an 82% chance of a December Fed hike per CME FedWatch. October payrolls land Friday at 8:30 AM ET; a Reuters poll expects 65,000 jobs, and ADP counted 86,000 private jobs vs. a 67,000 consensus. — Reuters via Longbridge, FinanceFeeds
- Bank of England hikes to 4%, first increase in over three yearsThe vote was 8-1, and the lone dissenter wanted a bigger half-point move. The BoE blamed energy prices from the Middle East conflict and expects UK inflation near 5% by mid-2027. — Bank of England, Reuters via Investing.com
- Citi sets a $4,500 gold targetCiti's 0-3 month target is $4,500 an ounce, which it ties to the Strait of Hormuz reopening and the Yemen/Saudi conflict de-escalating by year end. — Reuters via Longbridge
Levels to Watch
▲ Gold bull level
$4,225
▼ Gold line in sand
$4,000
▲ Silver 24h high
$53.47
▼ Silver hold level
$51.50
$4,225 and $4,000 reference levels per FinanceFeeds; $53.47 is silver's 24-hour high per metalcharts.org; $51.50 is the level Sucden Financial says silver needs to hold. Analyst levels, not Grumpy's predictions.
Grumpy's Take
Jobs day is tomorrow: what to watch
- Circle Friday, 8:30 AM ET. The market expects about 65,000 jobs. A big beat makes a Fed hike look even surer, which tends to lift the dollar and lean on metals. A miss does the opposite. If you're on the fence about a buy or sell, the number is 24 hours away. Waiting costs nothing.
- A rate hike across the pond, a coin in your hand. The Bank of England raised rates today. Britain's gold sovereign has been struck since 1817, and it holds 0.2354 oz of gold, about $970 in melt this morning. It says one pound on the face. Pay for the weight, not the face.
- Re-price anything you listed early in the week. Gold is up over $250 an ounce since Friday. If you set a starting bid or a "buy it now" price on Monday, it's off now. Check it against this morning's melt table before a stream goes live, whether you're buying or selling.
- Silver is lagging gold today. Gold gained 1.9% since yesterday morning, silver 1.1%. That pushed the ratio up to 78.1. A higher ratio means an ounce of gold buys more silver. If you're torn between the two, silver is the relatively cheaper one this morning.
Prices are spot-based estimates, not financial advice; premiums and spreads vary. Analyst levels are from FinanceFeeds and Sucden Financial, not Grumpy's predictions. Sources: gold-api.com, metalcharts.org, CNBC, Reuters via Longbridge, FinanceFeeds, Bank of England, Reuters via Investing.com, Sucden Financial.