Energy & Commodities • 1 min read • Kambelys Intelligence AI-assisted analysis

On November 2, 2026, precious and base metals mostly posted gains versus the previous day

Silver +3.07% to $50.645/oz, nickel +2.12%, gold +2.02% to $3,954.115/oz; palladium the sole decliner (-0.52%).

On November 2, 2026, precious and base metals mostly posted gains versus the previous day. Silver recorded the session's strongest advance, at $50.645 per troy ounce against $49.135 the day before, up 3.07%. Nickel followed with a 2.12% gain, at $0.4822 per troy ounce against $0.4722.

Precious Metals

Gold settled at $3,954.115 per troy ounce, against $3,875.65 the previous day, up 2.02%. Platinum gained 1.27% to $1,451.608 per troy ounce, against $1,433.4. Palladium was the only metal in the category to decline: $970.515 per troy ounce against $975.593, down 0.52%. Silver thus posted the strongest gain among precious metals, ahead of gold and platinum.

Base Metals

Zinc rose 1.77%, to $0.1208 per troy ounce against $0.1187 the previous day. Aluminium gained 1.37% to $0.0961 per troy ounce, against $0.0948. Copper advanced 0.69% to $0.4546 per troy ounce, against $0.4515. Lead recorded the category's smallest change, at +0.17%, to $0.0591 per troy ounce against $0.059.

Energy

No energy data is available for this session.

Across all nine metals tracked, eight are up and only one, palladium, is down. The three largest gains concern silver (+3.07%), nickel (+2.12%) and gold (+2.02%).

This analysis was produced with the assistance of artificial intelligence, from institutional sources and verifiable open data. AI Transparency

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