🥇 Gold Mornings← All issues
Silver $52.09 ยท Gold tracks weekly gains ahead of U.S. jobs report ‌ ‌ ‌ ‌ ‌
🥇
Gold Mornings
Your weekday morning read on gold, metals and miners.
Issue #99 ยท Friday, November 6, 2026
Gold volatility (GVZ)  Cautious ยท 25.8  โ–ฒ from 24.1 yesterday
Worth noting  Gold crossed below $4,100 since yesterday.
Gold dipped slightly while miners gained ground; jobless data and Fed rate outlook remain key drivers this week.
 
 

โ—  The Numbers

Gold$4,078.30  -0.86%
+4.60% this week
Silver$52.09  -0.27%
+6.10% this week
Platinum$1,534.20  +0.64%
+6.69% this week
Palladium$1,024.00  -1.63%
+4.00% this week
Copper$6.27  +0.28%
-2.97% this week

โ—  The Movers

Leaders

AEM Agnico Eagle+3.06%
GDX Gold Miners ETF+1.37%
NEM Newmont+1.35%

Laggards

PA=F Palladium-1.63%
GC=F Gold-0.86%
SI=F Silver-0.27%

The day's best and worst of the tracked metals and miners ยท day-over-day change.

โ—  The Read

Gold โ€” description, not prediction

Trading below both its 50-day ($4,230.49) and 200-day ($4,501.51) averages โ€” the longer-term trend reads as down. 30-day range $3,898.90โ€“$4,216.30; currently in the middle third of that range. RSI(14) 44 โ€” momentum weak.

See where every market sits on the daily page โ†’

What's pushing gold today: the dollar & Treasury yields  on the Dollar & Yields page โ†’

โ—  The Brief

 Gold tracks weekly gains ahead of U.S. jobs report

Gold is up on the week despite today's modest decline, with upcoming employment data and Fed policy expectations shaping near-term direction for the precious metal. (Investing)

 Goldman Sachs lowers year-end gold price forecast

The investment bank cut its gold outlook citing a shift toward more hawkish Federal Reserve policy, signaling expectations for higher interest rates ahead. (Investing)

 Iran submits nuclear proposal to U.S. through Qatar

Diplomatic talks on Iran's nuclear program resumed through intermediaries, potentially reducing Middle East geopolitical tension and safe-haven demand for commodities. (Investing)

 Perpetua Resources reports significant gold discovery at Stibnite

A high-grade intercept in Idaho adds to the project's resource base, demonstrating ongoing exploration success in advancing the proposed gold and antimony mine. (Mining.com)

Partner

The charts we read every morning

TradingView is the charting platform a lot of "The Read" leans on โ€” live gold, silver and miner charts, screeners and alerts. New to it? This link puts $15 toward a paid plan.

Try TradingView โ†’

Metals 101

How does the US dollar affect gold?

Gold is priced in dollars worldwide, so a stronger dollar usually makes gold pricier for everyone else and can weigh on it; a weaker dollar often does the reverse. It's one of gold's biggest day-to-day drivers.

Hit reply: Which section do you read first โ€” the Numbers, the Movers, or the Brief?
A human reads every answer.

Gold Mornings is an educational digest for US readers. Nothing here is financial, investment, tax, or legal advice. Metals carry risk โ€” you can lose money, and past performance does not predict future results. Some links may be affiliate links; we may earn a commission at no cost to you. Prices via Yahoo Finance, captured each morning before the US open.

Forwarded this email? Get your own free โ†’

New to gold? Why invest in gold โ†’

Part of the Mornings family from SolutionC LLC  ·  Stock Mornings  ·  Coin Mornings  ·  ▶ YouTube

goldmornings.com

← All issues  ·  goldmornings.com