Silver Jumps as Precious Metals Open the New Week Higher — November 8, 2026

Precious metals opened the new trading week higher on Sunday evening, November 8, 2026, with silver leading the move. As of 9:25 PM ET, spot silver stood at C$75.25 an ounce, up 2.56 percent from the previous close of C$73.38. Spot gold stood at C$5,829.51 an ounce, up 1.36 percent from the previous close of C$5,751.48, and spot platinum stood at C$2,201.63 an ounce, up 3.34 percent from the previous close of C$2,130.47. The higher open extends last week's rebound, when gold and silver posted their strongest weekly gains in more than two months. That strength is holding even after Friday's stronger-than-expected October jobs report — payrolls rose by 165,000 — lifted the U.S. dollar and increased expectations of another Federal Reserve rate increase in December, after the Fed left its benchmark rate at 3.75 to 4.00 percent in October. Attention now turns to Tuesday's October consumer price report, the next major test for the rate outlook. What it means for buyers: even after last week's rebound and tonight's higher open, gold near C$5,830, silver near C$75.25, and platinum near C$2,202 remain well below recent highs, so buyers adding physical metal are still buying below the levels of just weeks ago. Because a market that can climb this quickly can also fall back just as quickly, staging purchases in tranches rather than all at once is a measured way to build a position while this volatility lasts. Confirm the live price at the time of purchase, as intraday moves of this size change premiums and totals quickly. What it means for sellers: the higher open lifts the value of coins, bars, jewelry, and scrap above Friday's closing levels. Silver above C$75, gold above C$5,800, and platinum above C$2,200 an ounce mean holdings are worth more tonight than they were at the previous close. Anyone considering a sale should lock in a live quote, since prices are moving quickly in both directions and there is no way to know how long any single level will hold. Gold Stock Corp serves investors and jewelers across Canada from its three branches in Mississauga, Malton, and Vancouver, and online at goldstocklive.com. Walk-ins are welcome, and our team can quote live buying and selling prices on gold, silver, and platinum throughout the trading day. Live prices: https://www.goldstocklive.com