Nonfarm Payrolls Beat Expectations Pressuring While Central Bank Gold Buying Supports, Silver Prices Rise with Weak Spot Supply-Demand [SMM Daily Review]
Published . Updated .
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This report is about gold and silver.
Directly affected
- No company is named in this report.
Indirectly affected
- GLD SPDR Gold Shares-4.7% 30d
SPDR Gold Shares: it follows gold or gold miners. Linked by “gold” (gold) in this story.
- GDX VanEck Gold Miners ETF-12.0% 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.
- 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-14.6% 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-8.5% 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-20.7% 30d
Coeur Mining (gold and silver ores): silver miners' profits move with the silver price. Linked by “silver” (silver) in this story.
- WPM Wheaton Precious Metals-22.5% 30d
Wheaton Precious Metals (gold and silver ores): gold miners' profits move with the gold price. Linked by “gold” (gold) 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 | -2.94% | -0.03% | base | after close | after close | after close | after close |
| GDX | -9.60% | -3.44% | base | after close | after close | after close | after close |
| SLV | -2.78% | +0.60% | base | after close | after close | after close | after close |
| NEM | -9.75% | -2.27% | base | after close | after close | after close | after close |
| PAAS | -5.49% | +0.80% | base | after close | after close | after close | after close |
| AEM | -11.08% | -4.25% | base | after close | after close | after close | after close |
| CDE | -13.93% | -5.75% | base | after close | after close | after close | after close |
| WPM | -12.58% | -3.50% | base | after close | after close | after close | after close |
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.
Nonfarm Payrolls Beat Expectations Pressuring While Central Bank Gold Buying Supports, Silver Prices Rise with Weak Spot Supply-Demand [SMM Daily Review] Shanghai Metals Market
Source: Shanghai Metals Market
The price since 9 Nov 2026: Spdr Gold Trust (GLD) versus the S&P 500
| Company | When | Move | Status |
|---|---|---|---|
| Agnico Eagle Mines (AEM) | three days earlier | -4.25% | final price |
| Agnico Eagle Mines (AEM) | five days earlier | -11.08% | final price |
| Coeur Mining (CDE) | three days earlier | -5.75% | final price |
| Coeur Mining (CDE) | five days earlier | -13.93% | final price |
| Vaneck Etf Trust (GDX) | three days earlier | -3.44% | final price |
| Vaneck Etf Trust (GDX) | five days earlier | -9.60% | final price |
| Spdr Gold Trust (GLD) | three days earlier | -0.03% | final price |
| Spdr Gold Trust (GLD) | five days earlier | -2.94% | final price |
| Newmont (NEM) | three days earlier | -2.27% | final price |
| Newmont (NEM) | five days earlier | -9.75% | final price |
| Pan American Silver (PAAS) | three days earlier | +0.80% | final price |
| Pan American Silver (PAAS) | five days earlier | -5.49% | final price |
| iShares Silver Trust (SLV) | three days earlier | +0.60% | final price |
| iShares Silver Trust (SLV) | five days earlier | -2.78% | final price |
| Wheaton Precious Metals (WPM) | three days earlier | -3.50% | final price |
| Wheaton Precious Metals (WPM) | five days earlier | -12.58% | 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 77 days before publication. Filed 8 Oct 2026. View the filing.
- Rep. Gilbert Cisneros bought Wheaton Precious Metals (WPM), worth $1,001 - $15,000 on 26 Aug 2026. That is 75 days before publication. Filed 10 Sep 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).
Who gains and who loses around Spdr Gold Trust (GLD)
Companies mentioned with this story
- GLD Spdr Gold Trust
In “Nonfarm Payrolls Beat Expectations Pressuring While Central Bank Gold Buying Supports, Silver Prices Rise with Weak Spot Supply-Demand [SMM Daily Review],” Spdr Gold Trust (GLD) is linked, with no stored direction, medium confidence. Reason on file: SPDR Gold Shares: it follows gold or gold miners. Linked by “gold” (gold) in this story
- GDX Vaneck Etf Trust
Vaneck Etf Trust (GDX) is linked, with no stored direction, medium confidence in the 9 Nov 2026 story “Nonfarm Payrolls Beat Expectations Pressuring While Central Bank Gold Buying Supports, Silver Prices Rise with Weak Spot Supply-Demand [SMM Daily Review].” Reason on file: VanEck Gold Miners ETF: it follows gold or gold miners. Linked by “gold” (gold) in this story
- SLV iShares Silver Trust
In “Nonfarm Payrolls Beat Expectations Pressuring While Central Bank Gold Buying Supports, Silver Prices Rise with Weak Spot Supply-Demand [SMM Daily Review],” 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
- PAAS Pan American Silver
Pan American Silver (PAAS) is linked, with no stored direction, medium confidence in the 9 Nov 2026 story “Nonfarm Payrolls Beat Expectations Pressuring While Central Bank Gold Buying Supports, Silver Prices Rise with Weak Spot Supply-Demand [SMM Daily Review].” Reason on file: Pan American Silver (gold and silver ores): silver miners' profits move with the silver price. Linked by “silver” (silver) in this story
- CDE Coeur Mining
In “Nonfarm Payrolls Beat Expectations Pressuring While Central Bank Gold Buying Supports, Silver Prices Rise with Weak Spot Supply-Demand [SMM Daily Review],” Coeur Mining (CDE) is linked, with no stored direction, medium confidence. Reason on file: Coeur Mining (gold and silver ores): silver miners' profits move with the silver price. Linked by “silver” (silver) in this story
- NEM Newmont
Newmont (NEM) is linked, with no stored direction, medium confidence in the 9 Nov 2026 story “Nonfarm Payrolls Beat Expectations Pressuring While Central Bank Gold Buying Supports, Silver Prices Rise with Weak Spot Supply-Demand [SMM Daily Review].” Reason on file: Newmont (gold and silver ores): gold miners' profits move with the gold price. Linked by “gold” (gold) in this story
- AEM Agnico Eagle Mines
In “Nonfarm Payrolls Beat Expectations Pressuring While Central Bank Gold Buying Supports, Silver Prices Rise with Weak Spot Supply-Demand [SMM Daily Review],” Agnico Eagle Mines (AEM) is linked, with no stored direction, medium confidence. Reason on file: Agnico Eagle Mines (gold and silver ores): gold miners' profits move with the gold price. Linked by “gold” (gold) in this story
- WPM Wheaton Precious Metals
For “Nonfarm Payrolls Beat Expectations Pressuring While Central Bank Gold Buying Supports, Silver Prices Rise with Weak Spot Supply-Demand [SMM Daily Review],” Wheaton Precious Metals (WPM) is linked, with no stored direction, medium confidence. Reason on file: Wheaton Precious Metals (gold and silver ores): gold miners' profits move with the gold price. Linked by “gold” (gold) in this story
Spdr Gold Trust (GLD)
The 9 Nov 2026 story “Nonfarm Payrolls Beat Expectations Pressuring While Central Bank Gold Buying Supports, Silver Prices Rise with Weak Spot Supply-Demand [SMM Daily Review]” names Spdr Gold Trust (GLD) because of this story.
Spdr Gold Trust (GLD) is on the page because SPDR Gold Shares: it follows gold or gold miners. Linked by “gold” (gold) in this story
A second company, Vaneck Etf Trust (GDX), is listed for a different reason: VanEck Gold Miners ETF: it follows gold or gold miners. Linked by “gold” (gold) in this story
Dates and price levels for Spdr Gold Trust (GLD)
GDX traded between 78.92 and 89.70 across 20 sessions. The latest close on file is 83.13. GLD traded between 373.41 and 385.21 across 16 sessions. The latest close on file is 379.67. SLV traded between 44.12 and 55.84 across 20 sessions. The latest close on file is 45.58.
A simple score for Spdr Gold Trust (GLD)
46 out of 100
“Nonfarm Payrolls Beat Expectations Pressuring While Central Bank Gold Buying Supports, Silver Prices Rise with Weak Spot Supply-Demand [SMM Daily Review]” scores 46 out of 100. The score uses 1 sources, and 8 linked companies.