Gold sheds $8.10 to $4,150.30, all four metals lower
Silver, platinum and palladium fell with it against Monday's printed marks: silver to $60.87, platinum to $1,697.00, palladium to $1,148.00. Kitco's own day column reads gold $10.80 higher against its reference close.
By The Prices Desk
What changed
All four metals fell. Gold's bid read $4,150.30 against Monday's $4,158.40 mark, down $8.10. Platinum's 1.79% was the largest percentage fall of the four.
What it means
- If you price off the board: Name the stamp with the number. Two readings five hours apart disagree on all four metals.
- If you trade palladium: The bid-ask spread is $40.00, twenty times gold's $2.00, and wider than the day's move.
- If you reconcile against Kitco's own column: It reads gold $10.80 higher, because its reference close is not Monday's printed mark.
- What this is not: A settled session. These are intraday bids, not closes.
Key figures
| Gold biddown $8.10 on Monday's mark | $4,150.30 |
|---|---|
| Silver biddown 1.06% | $60.87 |
| Platinum bidlargest percentage fall | $1,697.00 |
| Palladium bidwidest band and spread | $1,148.00 |
Source: Kitco bid · board stamp 2026-10-06T10:11:00Z · prior marks from Carat Capital's tape for 5 October
Platinum falls furthest
Nine times gold. Platinum lost 1.79% and gold 0.19%. The division gives 9.2, the widest ratio on the board.
Dollars tell it differently. Platinum's $31.00 loss is 3.8 times gold's $8.10 in money, against 9.2 times in percentage.
| Metal | Bid | 5 Oct mark | Change | % change | Session low–high | Band ÷ bid | Bid-ask |
|---|---|---|---|---|---|---|---|
| Gold | 4,150.30 | 4,158.40 | −8.10 | −0.19% | 4,105.50–4,158.80 | 1.28% | 2.00 |
| Silver | 60.87 | 61.52 | −0.650 | −1.06% | 60.156–61.359 | 1.98% | 0.25 |
| Platinum | 1,697.00 | 1,728.00 | −31.00 | −1.79% | 1,688.00–1,727.00 | 2.30% | 10.00 |
| Palladium | 1,148.00 | 1,161.00 | −13.00 | −1.12% | 1,142.00–1,203.00 | 5.31% | 40.00 |
Notes on this table
Bids, asks and session ranges are read out of Kitco's own embedded price payload, board stamp 2026-10-06T10:11:00Z on all four metals. The 5 October marks are the ones Carat Capital's tape printed for that morning and are looked up, never derived. Change and percentage change are Carat Capital's arithmetic against those marks: 4,150.30 − 4,158.40 = −8.10 and −8.10 ÷ 4,158.40 = −0.1948%. Band ÷ bid is Carat Capital's division of the session range by the bid: palladium 1,203.00 − 1,142.00 = 61.00, and 61.00 ÷ 1,148.00 = 5.31%. Bid-ask is the ask minus the bid on the same stamp. Kitco's own day column on this fetch reads gold +10.80 and +0.2609%, silver −0.068, platinum −15.00 and palladium −8.00, measured against its own reference close; those are not the figures in this table and are disclosed in the prose rather than mixed into it.
Two change columns disagree
Minus eight, plus eleven. Against Monday's printed mark gold is down $8.10. Kitco's own day column on the same fetch reads it up $10.80.
Different reference. Kitco measures from its own session close. Carat Capital measures from the mark it printed on Monday morning.
Palladium's band stays widest
Sixty-one dollars. Palladium traded between $1,142.00 and $1,203.00 on the same board, a band of $61.00.
Four times gold's. That band is 5.31% of palladium's own bid against 1.28% for gold, a ratio of 4.1.
The board is live
The stamp advanced. Kitco stamps all four metals 2026-10-06T10:11:00Z, five hours and twelve minutes on from the 04:58:59Z stamp in the 05:00 tape.
All four moved. Every one of the four bids differs between the two readings. No holiday is named and none is claimed.
What to watch
- 10:00 and 15:00 London, 6 OctLBMA gold and silver fixes. Tests whether the morning's fall survives into a fixed price.
- 17:00 ET, 6 OctThe US session closes. These intraday bids become a settled mark against Monday's levels.
- 7 October 2026The People's Bank of China publishes September reserve figures, the next scheduled official buyer datapoint.
The story so far
Go deeper
What would change this call
A recovery into the US session. These are intraday bids five hours into the European morning, and gold's 0.19% is small enough that one session could erase it entirely.
How the bid on this board is read
Kitco publishes a bid, an ask and a mid for each metal, stamped with the time the quote was captured. Carat Capital prints the bid under the One-Price Rule, so one number per metal per morning carries through the paper. The ask is kept in the tape for the spread, not printed as the price. A board's own change column runs off its own reference close, which is not the same object as the mark this paper printed the previous morning; the two are reported separately rather than reconciled into one figure.
Method
Kitco's precious-metals board was fetched to raw bytes, HTTP 200, 199,918 bytes, saved to newsroom/sources/2026-10-06/kitco.html, and the figures parsed out of the page's own embedded price payload rather than read off the rendered board. Exact-field reads on that saved file: gold bid 4150.3 ask 4152.3 high 4158.8 low 4105.5; silver bid 60.87 ask 61.12 high 61.359 low 60.156; platinum bid 1697 ask 1707 high 1727 low 1688; palladium bid 1148 ask 1188 high 1203 low 1142; payload timestamp 1791281460, which converts to 2026-10-06T10:11:00Z. The 5 October marks are not on Kitco's page and were not expected to be: they are looked up in Carat Capital's own tape file for 5 October, where gold reads 4158.4, silver 61.52, platinum 1728.0 and palladium 1161.0. Under the One-Price Rule this press-time reading differed from the 05:00 tape on all four metals, so the new bids, asks, changes and stamp were written back into newsroom/tape/2026-10-06.json AND newsroom/tape/latest.json in the same step before this edition built, with a dated note naming the source; the two files were then compared value by value and match on all four metals. The market is called open because the board's own stamp advanced five hours and twelve minutes and all four bids changed with it, not because of anything inferred from a calendar. The stamp is printed exactly as the source emits it and no local-time conversion is asserted. No quote is carried.