[SMM Precious Metals Express]

Published: Aug 6, 2026 09:29

Save

The US ADP employment figure for July recorded 44,000, missing market expectations of 70,000, with a previous reading of 98,000. Spot gold and silver both surged more than 4%, with spot gold breaking above the $4,300 per ounce level for the first time since June 18.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

35 mins ago

Kunshan Hongfutai Environmental Protection Technology Co., Ltd. signed an advertising cooperation agreement with SMM to jointly promote brand upgrade!

35 mins ago

11 hours ago

Beyond Production Growth: What Powered Valterra Platinum’s Exceptional First-Half 2026 Performance

Valterra Platinum’s first half of 2026 was shaped more by market prices than by production growth. Earnings increased fourfold to R33.4 billion, while metal production from its mines rose only modestly. The difference was driven by stronger PGM prices and the release of previously processed metal from the company’s pipeline. Amandelbult’s recovery was a major contributor to the improvement, while China became a significantly larger market.

11 hours ago

17 hours ago

Gold, Silver, Platinum, Palladium Dance Together, Precious Metals Sector Surges Nearly 8%, Shengda Resources and Sichuan Gold Hit Daily Limit [SMM Flash News]

17 hours ago

Related News

Kunshan Hongfutai Environmental Protection Technology Co., Ltd. signed an advertising cooperation agreement with SMM to jointly promote brand upgrade!

Aug 06, 2026 10:01

Beyond Production Growth: What Powered Valterra Platinum’s Exceptional First-Half 2026 Performance

Aug 05, 2026 22:57

Gold, Silver, Platinum, Palladium Dance Together, Precious Metals Sector Surges Nearly 8%, Shengda Resources and Sichuan Gold Hit Daily Limit [SMM Flash News]

Aug 05, 2026 17:17

Trace Palladium Impurities May Drive High Catalytic Activity in Platinum Systems, Study Shows

Aug 05, 2026 16:00