Gold and silver sink as strong US GDP revives Fed rate hike bets
Published . Updated .
Gold fell 1.3% to $4,010 and silver dropped 3.5% to $52 after US Q3 GDP hit 3.4%, reviving Fed rate hike bets for December 2026.
Directly affected
- No company is named in this report.
Indirectly affected
- TLT iShares 20+ Year Treasury Bond ETF-1.8% 30d
iShares 20+ Year Treasury Bond ETF: Treasury bond prices move with interest-rate expectations. Linked by “fed” (US interest rates) in this story.
- IEF iShares 7-10 Year Treasury Bond ETF-0.9% 30d
iShares 7-10 Year Treasury Bond ETF: Treasury bond prices move with interest-rate expectations. Linked by “fed” (US interest rates) in this story.
- GLD SPDR Gold Shares-3.3% 30d
SPDR Gold Shares: it follows gold or gold miners. Linked by “gold” (gold) in this story.
- SLV iShares Silver Trust-16.8% 30d
iShares Silver Trust: it follows the silver price. Linked by “silver” (silver) in this story.
- JPM JPMorgan Chase-2.8% 30d
JPMorgan Chase (national commercial banks): rate changes move lenders' margins and borrowers' demand. Linked by “fed” (US interest rates) in this story.
- BAC Bank of America-12.5% 30d
Bank of America (national commercial banks): rate changes move lenders' margins and borrowers' demand. Linked by “fed” (US interest rates) in this story.
- DHI D.R. Horton+2.5% 30d
D.R. Horton (operative builders): rate changes move lenders' margins and borrowers' demand. Linked by “fed” (US interest rates) in this story.
- SCHW The Charles Schwab
The Charles Schwab (security brokers, dealers and flotation companies): rate changes move lenders' margins and borrowers' demand. Linked by “fed” (US interest rates) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| TLT | -0.18% | +0.20% | base | after close | after close | after close | after close |
| IEF | -0.21% | -0.16% | base | after close | after close | after close | after close |
| GLDNo price data for this ticker | — | — | — | — | — | — | — |
| SLVNo price data for this ticker | — | — | — | — | — | — | — |
| JPM | -3.51% | -2.27% | base | after close | after close | after close | after close |
| BAC | -1.15% | -0.92% | base | after close | after close | after close | after close |
| DHINo price data for this ticker | — | — | — | — | — | — | — |
| SCHWNo price data for this ticker | — | — | — | — | — | — | — |
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.
Market Call
Think this story will push the stock up or down over the next three trading days? Make a free call and see what other readers think. Points are play money with no cash value.
Gold and silver sink as strong US GDP revives Fed rate hike bets Startup Fortune
Source: Startup Fortune
This story
| Company | When | Move | Status |
|---|---|---|---|
| BAC | three days earlier | -0.92% | final price |
| BAC | five days earlier | -1.15% | final price |
| IEF | three days earlier | -0.16% | final price |
| IEF | five days earlier | -0.21% | final price |
| JPM | three days earlier | -2.27% | final price |
| JPM | five days earlier | -3.51% | final price |
| TLT | three days earlier | +0.20% | final price |
| TLT | five days earlier | -0.18% | final price |
Trades by members of Congress and officials in the stocks in this story
- Sen. John Boozman bought IEF (jointly held), worth $1,001 - $15,000 on 9 Sep 2026. That is 51 days before publication. Filed 21 Oct 2026. View the filing.
- Sen. Sheldon Whitehouse sold Jpmorgan Chase (JPM) (held by a spouse), worth $15,001 - $50,000 on 4 Sep 2026. That is 56 days before publication. Filed 1 Oct 2026. View the filing.
- Sen. Sheldon Whitehouse sold Jpmorgan Chase (JPM), worth $15,001 - $50,000 on 4 Sep 2026. That is 56 days before publication. Filed 1 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Jpmorgan Chase (JPM) (held by a spouse), worth $100,001 - $250,000 on 27 Aug 2026. That is 64 days before publication. Filed 4 Sep 2026. View the filing.
- Rep. Rohit Khanna sold Bank Of America (BAC) (held by a spouse), worth $1,001 - $15,000 on 9 Sep 2026. That is 51 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Laurel Lee sold Bank Of America (BAC) (held by a spouse), worth $50,001 - $100,000 on 24 Aug 2026. That is 67 days before publication. Filed 16 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, bought Horton D R (DHI), worth $15,001 - $50,000 on 17 Aug 2026. That is 74 days before publication. Filed 8 Oct 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).
This story
12 out of 100
“Gold and silver sink as strong US GDP revives Fed rate hike bets” scores 12 out of 100. The score uses 1 sources.