🟢 Silver ETF (PHAG.AS) is trading 3.4% up after U.S. jobs report showed payrolls down 23,000

PHAG.AS is trading at €50.02, up +3.44%, after the August 7, 2026 U.S. jobs report showed payrolls unexpectedly falling by 23,000.

• The weak labor data reduced expectations for another Federal Reserve rate hike, pushing Treasury yields and the dollar lower—supportive for non-yielding silver.
• Spot silver gained roughly 3.19%–4.20% in reported trading, confirming a broad precious-metals move rather than an ETF-specific catalyst.