Issue 31 · week ending November 4, 2026
November 4, 2026
Gold, silver and the other precious metals jumped Wednesday morning as Democrats took control of Congress and the dollar slipped, while CoinWeek dug into the 1945-S Micro S Mercury dime and previewed next week's free Whitman Baltimore Expo.
Spot gold pushed back to $4,000 an ounce as Democrats appeared set to take control of both the House and Senate, with analysts split on whether the result helps gold into 2027.
Kitco News printed spot gold testing $4,000, up nearly 2% on the session; MarketGauge's Michele Schneider cites support near $3,940 (2026-11-04).
Silver, platinum and palladium rose with gold as the dollar dipped and Treasury yields fell on the midterm results.
CNBC printed by 7:56 a.m. ET spot gold $4,039.59 (+2.83%), spot silver $51.9235 (+4.32%), platinum $1,464.60 (+3.43%), palladium $991.50 (+6.21%) (2026-11-04).
Tether cut the gold behind its reserves by about 3 tons in the third quarter, though analysts still expect long-term demand from the stablecoin issuer.
Kitco News printed holdings down about 3 tons, from roughly 168 to 165 tons, in Q3 2026 (2026-11-03).
An old mintmark punch first used for Philippine coinage turned up again on some 1945-S Mercury dimes, and the finest Full Bands examples now bring five figures.
CoinWeek printed a PCGS MS68 Full Bands CAC example brought $25,875 at GreatCollections on March 24, 2019, three days after another sold for $25,850 at auction; total 1945-S dime mintage 41,920,000; PCGS estimates about 30,000 Micro S survivors (2026-11-04).
An 1885 Trade dollar, one of five known, and a 1794 Flowing Hair dollar headline the Stack's Bowers preview at the free Whitman Baltimore Expo, November 12–14 at the Baltimore Convention Center.
CoinWeek printed no sale figure.
The ANA gave its 2026 Philanthropy Award to Heritage Auctions co-founder Jim Halperin and National Currency Foundation founder Andrew Shiva.
American Numismatic Association, via CoinWeek printed no sale figure.
Richard Giedroyc looks at the Viking Age silver hoard a Danish homeowner dug up while building a patio, and what its coins say about 10th-century trade.
Numismatic News printed no sale figure.
On the site: coin show calendar · coin dealer near you
All issues · Check spot-based melt values · Browse coin series · Find a dealer near you