Gold and Silver Rise for the Week as Tech, Crude and Copper Fall
Published . Updated .
Key takeaways
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Gold and silver made solid weekly gains from multi-month lows on Friday as US tech and AI stocks reduced this week's plunge >>
Directly affected
- No company is named in this report.
Indirectly affected
- GLD SPDR Gold Shares-5.3% 30d
SPDR Gold Shares: it follows gold or gold miners. Linked by “gold” (gold) in this story.
- GDX VanEck Gold Miners ETF-13.0% 30d
VanEck Gold Miners ETF: it follows gold or gold miners. Linked by “gold” (gold) in this story.
- SLV iShares Silver Trust-25.0% 30d
iShares Silver Trust: it follows the silver price. Linked by “silver” (silver) in this story.
- USO United States Oil Fund-5.0% 30d
United States Oil Fund: its price follows crude oil. Linked by “crude” (oil) in this story.
- NEM Newmont-13.0% 30d
Newmont (gold and silver ores): gold miners' profits move with the gold price. Linked by “gold” (gold) in this story.
- PAAS Pan American Silver-16.7% 30d
Pan American Silver (gold and silver ores): silver miners' profits move with the silver price. Linked by “silver” (silver) in this story.
- AEM Agnico Eagle Mines-9.4% 30d
Agnico Eagle Mines (gold and silver ores): gold miners' profits move with the gold price. Linked by “gold” (gold) in this story.
- CDE Coeur Mining-26.2% 30d
Coeur Mining (gold and silver ores): silver miners' profits move with the silver price. Linked by “silver” (silver) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| GLD | -5.26% | -4.33% | base | -1.20% | after close | after close | after close |
| GDXNo price data for this ticker | — | — | — | — | — | — | — |
| SLV | -4.98% | -4.46% | base | -0.12% | after close | after close | after close |
| USO | +13.96% | +6.75% | base | -0.11% | after close | after close | after close |
| NEM | -11.00% | -10.27% | base | +1.40% | after close | after close | after close |
| PAASNo price data for this ticker | — | — | — | — | — | — | — |
| AEM | -12.50% | -11.48% | base | -0.79% | after close | after close | after close |
| CDENo price data for this ticker | — | — | — | — | — | — | — |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
Gold and Silver Rise for the Week as Tech, Crude and Copper Fall BullionVault
Source: BullionVault
How far United States Oil Fund (USO) has moved since 6 Nov 2026
| Company | When | Move | Status |
|---|---|---|---|
| Agnico Eagle Mines (AEM) | that day | -0.79% | still updating |
| Agnico Eagle Mines (AEM) | three days earlier | -11.48% | final price |
| Agnico Eagle Mines (AEM) | five days earlier | -12.50% | final price |
| Spdr Gold Trust (GLD) | that day | -1.20% | still updating |
| Spdr Gold Trust (GLD) | three days earlier | -4.33% | final price |
| Spdr Gold Trust (GLD) | five days earlier | -5.26% | final price |
| Newmont (NEM) | that day | +1.40% | still updating |
| Newmont (NEM) | three days earlier | -10.27% | final price |
| Newmont (NEM) | five days earlier | -11.00% | final price |
| iShares Silver Trust (SLV) | that day | -0.12% | still updating |
| iShares Silver Trust (SLV) | three days earlier | -4.46% | final price |
| iShares Silver Trust (SLV) | five days earlier | -4.98% | final price |
| United States Oil Fund (USO) | that day | -0.11% | still updating |
| United States Oil Fund (USO) | three days earlier | +6.75% | final price |
| United States Oil Fund (USO) | five days earlier | +13.96% | final price |
Trades by members of Congress and officials in the stocks in this story
- Donald J Trump, an executive branch official, bought Newmont (NEM), worth $1,001 - $15,000 on 24 Aug 2026. That is 74 days before publication. Filed 8 Oct 2026. View the filing.
- Rep. Pete Sessions sold ExxonMobil Holdings (XOM), worth $1,001 - $15,000 on 14 Oct 2026. That is 23 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Kevin Hern sold ExxonMobil Holdings (XOM) (jointly held), worth $100,001 - $250,000 on 31 Aug 2026. That is 67 days before publication. Filed 25 Sep 2026. View the filing.
- Rep. Pete Sessions sold Chevron (CVX), worth $15,001 - $50,000 on 14 Oct 2026. That is 23 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Kevin Hern sold Chevron (CVX) (jointly held), worth $15,001 - $50,000 on 23 Sep 2026. That is 44 days before publication. Filed 13 Oct 2026. View the filing.
- Rep. Maria Elvira Salazar bought Chevron (CVX), worth $1,001 - $15,000 on 2 Sep 2026. That is 65 days before publication. Filed 7 Oct 2026. View the filing.
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
United States Oil Fund (USO) on one side of this energy story
The side that tends to collect
- XOM ExxonMobil Holdings
In “Gold and Silver Rise for the Week as Tech, Crude and Copper Fall,” ExxonMobil Holdings (XOM) tends to benefit, medium confidence. Reason on file: ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “crude” (oil) in this story
- CVX Chevron
Chevron (CVX) tends to benefit, medium confidence in the 6 Nov 2026 story “Gold and Silver Rise for the Week as Tech, Crude and Copper Fall.” Reason on file: Chevron (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “crude” (oil) in this story
No up or down call on file
- USO United States Oil Fund
For “Gold and Silver Rise for the Week as Tech, Crude and Copper Fall,” United States Oil Fund (USO) is linked, with no stored direction, medium confidence. Reason on file: United States Oil Fund: its price follows crude oil. Linked by “crude” (oil) in this story
- XLE Select Sector Spdr Tr
Select Sector Spdr Tr (XLE) is linked, with no stored direction, medium confidence in the 6 Nov 2026 story “Gold and Silver Rise for the Week as Tech, Crude and Copper Fall.” Reason on file: Energy Select Sector SPDR: its price follows crude oil. Linked by “crude” (oil) in this story
- GLD Spdr Gold Trust
Spdr Gold Trust (GLD) is linked, with no stored direction, medium confidence in the 6 Nov 2026 story “Gold and Silver Rise for the Week as Tech, Crude and Copper Fall.” Reason on file: SPDR Gold Shares: it follows gold or gold miners. Linked by “gold” (gold) in this story
- SLV iShares Silver Trust
In “Gold and Silver Rise for the Week as Tech, Crude and Copper Fall,” iShares Silver Trust (SLV) is linked, with no stored direction, medium confidence. Reason on file: iShares Silver Trust: it follows the silver price. Linked by “silver” (silver) in this story
How energy news reaches United States Oil Fund (USO)
The 6 Nov 2026 story “Gold and Silver Rise for the Week as Tech, Crude and Copper Fall” names United States Oil Fund (USO) because of Energy.
The link for United States Oil Fund (USO) is this: United States Oil Fund: its price follows crude oil. Linked by “crude” (oil) in this story
Also listed, Select Sector Spdr Tr (XLE): Energy Select Sector SPDR: its price follows crude oil. Linked by “crude” (oil) in this story
The price range for United States Oil Fund (USO), and the dates in the story
GLD traded between 373.41 and 395.44 across 19 sessions. The latest close on file is 379.67. USO traded between 143.02 and 171.80 across 20 sessions. The latest close on file is 145.42. XLE traded between 63.05 and 70.15 across 20 sessions. The latest close on file is 66.70.
How solid the energy case looks
46 out of 100Price not final
“Gold and Silver Rise for the Week as Tech, Crude and Copper Fall” scores 46 out of 100. The score uses 1 sources, and 8 linked companies. The price is not final yet.