Geopolitics Alpha

September Central Bank Gold Buying Hit Highest Monthly Total of the Year

Published . Updated .

Key takeaways

  • Money Metals - Buy Gold, Silver & Precious Metals for Investment By Michael Maharrey Central bank gold buying reached its highest level of the year in September, pushing third-quarter purchases well above the five-year quarterly average.
  • Exposed: GLD, GDX, NEM, AEM, WPM
  • Market reaction: GLD +0.9% on the day (still updating); GDX +0.7% on the day (still updating); GOLD −7.7% on the day (still updating)

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September Central Bank Gold Buying Hit Highest Monthly Total of the Year

Money Metals - Buy Gold, Silver & Precious Metals for Investment By Michael Maharrey Central bank gold buying reached its highest level of the year in September, pushing third-quarter purchases well above the five-year quarterly average. Central banks globally increased their

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-13.3% 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.

  • PICK iShares MSCI Global Metals & Mining Producers ETF-9.1% 30d

    iShares MSCI Global Metals & Mining Producers ETF: it holds metals and mining companies. Linked by “metals” (metals & mining) 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.

  • AEM Agnico Eagle Mines-10.3% 30d

    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-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.

  • GOLD Gold.com-15.3% 18d

    Gold.com (jewelry, watches, precious stones and metals): gold miners' profits move with the gold price. Linked by “gold” (gold) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
GLD-1.03%-2.91%base+0.86%after closeafter closeafter close
GDX-3.81%-6.39%base+0.73%after closeafter closeafter close
SLVNo price data for this ticker———————
PICKNo price data for this ticker———————
NEM-5.39%-7.66%base+0.48%after closeafter closeafter close
AEM-4.29%-7.13%base+1.87%after closeafter closeafter close
WPM-6.34%-9.41%base-0.12%after closeafter closeafter close
GOLD-6.88%-3.04%base-7.66%after closeafter closeafter 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.

September Central Bank Gold Buying Hit Highest Monthly Total of the Year LinkedIn

Source: LinkedIn

How far Spdr Gold Trust (GLD) has moved since 5 Nov 2026

CompanyWhenMoveStatus
Agnico Eagle Mines (AEM)that day+1.87%still updating
Agnico Eagle Mines (AEM)three days earlier-7.13%final price
Agnico Eagle Mines (AEM)five days earlier-4.29%final price
Vaneck Etf Trust (GDX)that day+0.73%still updating
Vaneck Etf Trust (GDX)three days earlier-6.39%final price
Vaneck Etf Trust (GDX)five days earlier-3.81%final price
Spdr Gold Trust (GLD)that day+0.86%still updating
Spdr Gold Trust (GLD)three days earlier-2.91%final price
Spdr Gold Trust (GLD)five days earlier-1.03%final price
Gold.com (GOLD)that day-7.66%still updating
Gold.com (GOLD)three days earlier-3.04%final price
Gold.com (GOLD)five days earlier-6.88%final price
Newmont (NEM)that day+0.48%still updating
Newmont (NEM)three days earlier-7.66%final price
Newmont (NEM)five days earlier-5.39%final price
Wheaton Precious Metals (WPM)that day-0.12%still updating
Wheaton Precious Metals (WPM)three days earlier-9.41%final price
Wheaton Precious Metals (WPM)five days earlier-6.34%final price

Trades by members of Congress and officials in the stocks in this story

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

    Spdr Gold Trust (GLD) is linked, with no stored direction, medium confidence in the 5 Nov 2026 story “September Central Bank Gold Buying Hit Highest Monthly Total of the Year.” Reason on file: SPDR Gold Shares: it follows gold or gold miners. Linked by “gold” (gold) in this story

  • GDX Vaneck Etf Trust

    In “September Central Bank Gold Buying Hit Highest Monthly Total of the Year,” Vaneck Etf Trust (GDX) is linked, with no stored direction, medium confidence. Reason on file: VanEck Gold Miners ETF: it follows gold or gold miners. Linked by “gold” (gold) in this story

  • NEM Newmont

    Newmont (NEM) is linked, with no stored direction, medium confidence in the 5 Nov 2026 story “September Central Bank Gold Buying Hit Highest Monthly Total of the Year.” 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

    Agnico Eagle Mines (AEM) is linked, with no stored direction, medium confidence in the 5 Nov 2026 story “September Central Bank Gold Buying Hit Highest Monthly Total of the Year.” 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

    In “September Central Bank Gold Buying Hit Highest Monthly Total of the Year,” 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

  • GOLD Gold.com

    In “September Central Bank Gold Buying Hit Highest Monthly Total of the Year,” Gold.com (GOLD) is linked, with no stored direction, medium confidence. Reason on file: Gold.com (jewelry, watches, precious stones and metals): gold miners' profits move with the gold price. Linked by “gold” (gold) in this story

Spdr Gold Trust (GLD)

“September Central Bank Gold Buying Hit Highest Monthly Total of the Year” (5 Nov 2026) reaches Spdr Gold Trust (GLD) through this story.

The link for Spdr Gold Trust (GLD) is this: SPDR Gold Shares: it follows gold or gold miners. Linked by “gold” (gold) in this story

Vaneck Etf Trust (GDX) is here too. Its reason reads: VanEck Gold Miners ETF: it follows gold or gold miners. Linked by “gold” (gold) in this story

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 400.78 across 20 sessions. The latest close on file is 379.67. NEM traded between 104.52 and 120.03 across 20 sessions. The latest close on file is 107.45.

A simple score for Spdr Gold Trust (GLD)

54 out of 100Price not final

“September Central Bank Gold Buying Hit Highest Monthly Total of the Year” scores 54 out of 100. The score uses 2 sources, and 6 linked companies. The price is not final yet.