Gold
- Order volume
- 4,366,000 oz
1D+13%vs previous business day at this time
Usual full day: 4,313,000 ozMedian of recent full days
Limpid Markets · Markets
Precious metals markets
A view of the gold, silver, platinum and palladium markets: swap rates, indicative spot prices, published activity and market context.
Volumes & swap curve · Information available by · Published 13 Nov 2026, 23:32 UTC
Market Pulse
Indicative spot · Δ 24h News sentiment ⚖️ Neutral's falling spot and dearer borrowing at the highlighted tenor are not contradictory: funding is maturity-specific, with nearby lendable metal still ample. Watch whether that firmness spreads; palladium's swap move also needs the dollar leg checked before assigning a metal-specific cause.
US producer-price data awaited after gold and silver selloff
Each row: change, level, rarity. Spot in dollars per troy ounce. Spot and volatility change over 24 h; the other rows change 1D, versus the previous business day at a comparable time. Rarity: share of comparable past moves that were smaller. Sources & method
Friday close · Spot quote as of · indicative
Market quotations
Short-term precious metal rates
Gold · London · Swap rates
End-of-day model estimates. Missing observations are left blank.
LatestPrevious business day
Model mid estimates through two months. 1D changes: versus the previous business day at a comparable observation time.
Most interbank swap activity on Limpid is in tenors under two months. Contact us for longer-dated indicative mid-rates, more frequent updates and extended historical data.
ContactDaily Interbank Contango Rate
DICOR
| Value dates | Stage | XAU LDN Gold | 1D change, XAU LDN, basis points | XAG LDN Silver | 1D change, XAG LDN, basis points | XPT LDN Platinum | 1D change, XPT LDN, basis points | XPT ZUR Platinum | 1D change, XPT ZUR, basis points | XPD LDN Palladium | 1D change, XPD LDN, basis points | XPD ZUR Palladium | 1D change, XPD ZUR, basis points |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 13–16 Nov | Final | 4.10 | +1 | 4.08 | −1 | 1.39 | +1 | 2.97 | −4 | 4.07 | 0 | 3.90 | −10 |
| 16–17 Nov | Day 2 | 4.06 | +1 | 4.09 | 1.57 | +48 | 2.74 | 4.00 | 3.77 | ||||
| 17–18 Nov | Day 1 | 4.04 | new | — | — | — | — | — |
Each value-date interval is observed over three business days (Day 1, Day 2, Final) and its provisional rate can change while observations accumulate. Changes: 1D, versus the same value dates at a comparable time on the previous business day, in basis points; “new” marks value dates not observed then. Value dates account for weekends and local holidays; a market whose dates differ shows them in its cell. A dash means no published value. About DICOR
Swap order activity
Recorded quantities for orders created during the stated UTC day, across order statuses, in troy ounces. Updated every 30 minutes on business days; the weekend keeps Friday's close.
Activity day: 2026-11-13 · Information available by 13 Nov 2026, 23:00 UTC · Published 13 Nov 2026, 23:32 UTC
Order observation: 13 Nov 2026, 22:59 UTC
Silver
- Order volume
- 36,599,000 oz
1D-22%vs previous business day at this time
Usual full day: 41,427,500 ozMedian of recent full days
Platinum
- Order volume
- 640,000 oz
1D+13%vs previous business day at this time
Usual full day: 414,000 ozMedian of recent full days
Palladium
- Order volume
- 328,000 oz
1D-23%vs previous business day at this time
Usual full day: 238,500 ozMedian of recent full days
1D compares with the previous business day (Thu 12 Nov) at the same time. The usual full day uses completed full days. Today's quantities are still accumulating. The small curves show the cumulative quantities. Aggregated quantities only, without counts or individual order or participant details. “Not published” does not mean zero. About these figures
Spot volatility
Realised volatility · % annualised · 24h Δ vs previous day · 1h Δ vs previous hour
Gold
24h20.25%+0.0 pp
1h8.02%-5.0 pp
Silver
24h40.13%+3.4 pp
1h5.24%-29.9 pp
Platinum
24h33.66%-1.4 pp
1h11.61%-12.7 pp
Palladium
24h37.81%-1.6 pp
1h0.00%-18.6 pp
Both windows use qualified five-minute spot observations. Missing or incomplete windows remain unavailable.
Latest News Feed
AI summaries from metals, mining, and macro sources.
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Mineros’ gold bet raises cash and collateral risks
Mineros bought $137.3 million of bullion in the third quarter, pushing reported operating cash flow to negative $21.6 million despite $140 million in adjusted EBITDA. Subsequent gold-backed borrowing increased collateral exposure; Red Cloud analyst Alina Islam estimates 88% of physical gold was pledged, assuming no intervening changes. Falling gold prices…
Modern Mining makes NYSE American debut
Modern Mining began trading on NYSE American under MDRN on Friday after completing an approximately $40 million IPO; its shares closed down 3.5%, with a reported $36.1 million market capitalization. The company is preparing to commercialize a proprietary aqueous-based process to recover gold, silver, palladium, copper and other metals from electronic…
Barrick furloughs some Congo miners after Ebola deaths near its Kibali mine - MLQ.ai
Barrick is furloughing nonessential employees and subcontractors at Congo’s Kibali gold mine after two Ebola deaths in a nearby community, according to a Nov. 12 memo reported by Reuters; the number affected was not disclosed. The company is investigating possible workforce links, but no cases at industrial mines or gold-production impact have been…
Gold and Silver Weather a Perfect Storm as Demand Holds Firm
Sprott presents October 2026 gold and silver declines of 6.80% to $3,874.62/oz and 18.74% to $49.10/oz, alongside gold ETF holdings of 100.97 million ounces and silver additions of roughly 4.9 million ounces. Crucially, its disclosure says economic scenarios, including those expressed in the present tense, are illustrative rather than predictions; the…
Gold Makes Worst Losing Run in 4 Decades, Silver Plunge Tests $50 Again
Gold’s Friday London benchmark was around $3,890/oz, down 3.5% weekly, marking 10 losing weeks in 12; silver fell 3.8%, dipping below $50 intraday but benchmarking above it. US 10-year TIPS yields rose 0.24 percentage points to 2.87%, which could pressure non-yielding bullion if sustained, despite Friday’s modest easing in rate-hike bets. Core producer…
Gold Steadies After Three-Day 6% Rout; Asian Session Pushes Back Above $3,900 - BigGo Finance
Spot gold rebounded 0.83% to $3,909.26/oz in early Asian trading on November 13, 2026, after losing 6.35% over three sessions; December COMEX gold rose 0.73% to $3,913.50. December silver fell more than 4% below $50, with the report citing industrial-demand concerns alongside tighter financial conditions. The report attributes gold’s selloff to dollar…
Crude oil strengthens, metals broadly decline, LME copper and LME aluminum lead losses, gold and silver plunge, NY gold falls below $3,900 [Overnight market] - Shanghai Metals Market
COMEX gold fell 2.97% overnight, extending losses from the previous two sessions and trading below $3,900 to an intraday low of $3,856.7/oz, SMM reported on November 13, 2026. COMEX silver declined 3.94%, while the most-traded SHFE gold and silver contracts dropped 2.87% and 3.43%, respectively. The declines accompanied broad weakness in base metals, with…
Guinea illegal gold mining crackdown sparks clashes, kills 10 - Mining.com.au
Guinea’s ban on artisanal gold mining in Siguiri triggered clashes that killed 10 people and injured 13, according to the government. The ban began on 2 November; security forces have since arrested 1,263 suspected illegal miners, Bloomberg reported. Guinea’s mines ministry reported approximately 2.4 million ounces of gold exports in 2025, including 1.8…
Heliostar Metals Delivers Landmark 3Q26 - Mexico Business News
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Copper shortage or surplus? Banks split on 2027 outlook
Deutsche Bank’s Daniel Ghali expects gold to benefit from persistent structural demand, including central-bank and other official-institution purchases, despite higher interest rates weighing on investment sentiment. His outlook distinguishes gold from the industrial-demand and inventory-accessibility risks dominating the article’s copper debate. Deutsche…
Caledonia Mining targets production recovery at Blanket as Bilboes project advances - ICYMI - Proactive financial news
Caledonia’s Blanket mine produced approximately 17,000 ounces in Q3 2026, below expectations, before rebounding to just under 7,000 ounces in October. CEO Mark Learmonth attributed the recovery to operational improvements and recovery of over half the 1,100 ounces trapped in processing inventory; October therefore included previously held gold. A US$150…
Official Macro Calendar
Selected official releases; coverage is not exhaustive. Times use each source's local timezone. Some sources need rechecking or could not refresh; expired schedules are hidden.
Next 120 days · 4 listed events · last listed date 2026-12-15. Dates without a time may already have been released today.
JOLTS
US
Official schedule
US Job Openings and Labor Turnover
NFP
US
Official schedule
US Employment Situation
CPI
US
Official schedule
US CPI
PPI
US
Official schedule
US PPI
Sources and verification
BLS releases refresh automatically. Other schedules are manually checked; overdue checks are marked and expired dates are hidden.
- US Bureau of Labor Statistics · current · checked 2026-11-13T18:54:06.364205+00:00 · valid until 2026-11-20T18:54:06.364205+00:00 · last listed date 2026-12-15
- Federal Reserve · expired · checked 2026-09-09T11:04:45+00:00 · valid until 2026-10-09T11:04:45+00:00 · last listed date 2027-12-08
- US Bureau of Economic Analysis · expired · checked 2026-09-09T11:04:45+00:00 · valid until 2026-10-09T11:04:45+00:00 · last listed date 2026-12-23
- US Census Bureau · expired · checked 2026-09-09T11:04:45+00:00 · valid until 2026-10-09T11:04:45+00:00 · last listed date 2026-12-16
- UK Office for National Statistics · expired · checked 2026-09-09T11:04:45+00:00 · valid until 2026-10-09T11:04:45+00:00 · last listed date 2026-09-16
- Bank of England · expired · checked 2026-09-09T11:04:45+00:00 · valid until 2026-10-09T11:04:45+00:00 · last listed date 2026-12-17
- European Central Bank · expired · checked 2026-09-09T11:04:45+00:00 · valid until 2026-10-09T11:04:45+00:00 · last listed date 2026-12-17
- Swiss National Bank · expired · checked 2026-09-09T11:04:45+00:00 · valid until 2026-10-09T11:04:45+00:00 · last listed date 2026-12-10
- Bank of Japan · expired · checked 2026-09-09T11:04:45+00:00 · valid until 2026-10-09T11:04:45+00:00 · last listed date 2026-12-18
- Statistics Bureau of Japan · expired · checked 2026-09-09T11:04:45+00:00 · valid until 2026-10-09T11:04:45+00:00 · last listed date 2026-12-18
- National Bureau of Statistics of China · expired · checked 2026-09-09T11:04:45+00:00 · valid until 2026-10-09T11:04:45+00:00 · last listed date 2026-12-09
- Reserve Bank of Australia · expired · checked 2026-09-09T11:04:45+00:00 · valid until 2026-10-09T11:04:45+00:00 · last listed date 2026-12-08
Sources & publication method
DICOR: an observable interbank index
DICOR (Daily Interbank Contango Rate) is a proprietary index administered by Limpid Markets Ltd of the cost of rolling precious metal against US dollars from one value date to the next. It combines eligible interbank trades with their associated orders on the platform, not submissions from a panel of contributors, providing an observable indicator of interbank funding liquidity. At comparable dollar rates, a lower DICOR can signal tighter metal availability. Each value-date interval is observed over three business days, Day 1, Day 2 and Final, and its provisional rate evolves as observations accumulate. Daily DICOR histories date back to 2014 across gold, silver, platinum and palladium. On request, we can compound them over custom periods to measure realised funding costs. Public observations are delayed as indicated.
Rates & prices
Swap rates are model mid estimates against USD. Forward lease rates are implied on a USD curve anchored to public US Treasury and SOFR data; lease rates in arrears are calculated from DICOR and the SOFR Index. Updates come every 30 minutes on business days, at least 30 minutes after the observation cutoff; curves are recalculated between 07:15 and 19:15 UTC, and the weekend keeps Friday's close. Spot prices are indicative midpoints, loco London, in USD per troy ounce, rounded to the nearest $0.05, with changes over 24 h. They update every 15 seconds on weekdays and pause from Saturday 00:00 to Monday 00:00 UTC, when the last quotes stay dated; quotes older than two minutes are withheld.
Changes & Market Pulse
Changes are 1D: versus the previous business day at a comparable time, on the same value dates for DICOR; spot and volatility use 24 h unless shown otherwise. For each metal, Market Pulse lists moves larger than most comparable moves of recent months at a similar time of day; rarity is the share of those moves that were smaller. Codes (SWAP, LEASE, DICOR, ORDERS, SPOT, VOL) carry blue, violet or amber dots for swaps, leases and spot: darker when forward or instant, lighter when realised.
Activity & news
Order volume is the quantity recorded at the stated observation for orders created during that UTC day. Order quantities accumulated during the day are compared with the previous business day at the same time. Market Pulse ranks the 1D change of these quantities as ORDERS. Changes to an order can affect its recorded quantity; this is not the sum of all initial submissions or executed volume. Only metal totals are published. News summaries link to their sources; the calendar lists selected official releases. Public market information is indicative, not an executable quote or a complete view of the trading platform.