Geopolitics Alpha

China Extends Gold-Buying Streak to Two Years as Prices Drop

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GEOPOLITICS ALPHAChina Extends Gold-Buying Streakto Two Years as Prices DropGEOPOLITICS ALPHA

This report is about gold and China.

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.

  • FXI iShares China Large-Cap ETF-5.1% 30d

    iShares China Large-Cap ETF holds stocks listed in China, which this story is about (“china”).

  • 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-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.

  • 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-14.5% 17d

    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-2.94%-0.03%baseafter closeafter closeafter closeafter close
GDX-9.60%-3.44%baseafter closeafter closeafter closeafter close
FXI-4.96%-1.02%baseafter closeafter closeafter closeafter close
NEM-9.75%-2.27%baseafter closeafter closeafter closeafter close
AEM-11.08%-4.25%baseafter closeafter closeafter closeafter close
WPM-12.58%-3.50%baseafter closeafter closeafter closeafter close
GOLD+6.73%+10.07%baseafter closeafter 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.

China Extends Gold-Buying Streak to Two Years as Prices Drop Bloomberg.com

Source: Bloomberg

This story

CompanyWhenMoveStatus
AEMthree days earlier-4.25%final price
AEMfive days earlier-11.08%final price
FXIthree days earlier-1.02%final price
FXIfive days earlier-4.96%final price
GDXthree days earlier-3.44%final price
GDXfive days earlier-9.60%final price
GLDthree days earlier-0.03%final price
GLDfive days earlier-2.94%final price
GOLDthree days earlier+10.07%final price
GOLDfive days earlier+6.73%final price
NEMthree days earlier-2.27%final price
NEMfive days earlier-9.75%final price
WPMthree days earlier-3.50%final price
WPMfive days earlier-12.58%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).

How solid “China Extends Gold-Buying Streak to Two Years as Prices Drop” looks

12 out of 100

“China Extends Gold-Buying Streak to Two Years as Prices Drop” scores 12 out of 100. The score uses 1 sources.