Silver December futures opened at $49.83 per ounce on November 4, 2026, up 0.2% from Tuesday’s open, and traded at $51.82 by 7:26 a.m. ET after Democrats swept the midterm elections and the dollar weakened. The gains were expected to be limited as investors weighed the economic impact of the shift of power on Capitol Hill. Silver was down 7.6% over one week and 19% over one month, but up 6.2% year-on-year. Hussain said the Fed was likely to stay hawkish given inflation, and because gold has become positively correlated with equities, continued weakness in tech stocks could also weigh on gold prices.
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Related tickers and likely impact
PAXG/USDT
• NeutralPAX Gold
Relevance: low
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Real-world assets |
| Market cap | $1.7B |
| Close on 11/03/2026 | 3,946.40 |
| Change that session | -0.16% |
XAUT/USDT
• NeutralTether Gold
Relevance: low
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Real-world assets |
| Market cap | $3.1B |
| Close on 11/03/2026 | 3,934.56 |
| Change that session | -0.11% |
XAU/USD
• NeutralRelevance: low
| Market | Gold |
|---|---|
| Close on 11/03/2026 | 3,930.22 |
| Change that session | -0.42% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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