Gold drops 1% on hawkish Fed comments ahead of US inflation data
Published . Updated .
Covered by 3 outlets: Kitco, marketscreener.com, TradingView.
Key takeaways
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Directly affected
- CRCW Crypto
Named in this report.
Indirectly affected
- GLD SPDR Gold Shares-5.1% 30d
SPDR Gold Shares: it follows gold or gold miners. Linked by “gold” (gold) in this story.
- GDX VanEck Gold Miners ETF-14.9% 30d
VanEck Gold Miners ETF: it follows gold or gold miners. Linked by “gold” (gold) in this story.
- IBIT iShares Bitcoin Trust-8.0% 30d
iShares Bitcoin Trust: it follows bitcoin. Linked by “bitcoin” (crypto) in this story.
- TLT iShares 20+ Year Treasury Bond ETF-2.8% 30d
iShares 20+ Year Treasury Bond ETF: Treasury bond prices move with interest-rate expectations. Linked by “fed” (US interest rates) in this story.
- 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-11.2% 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-14.0% 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
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| CRCWNo price data for this ticker | — | — | — | — | — | — | — |
| GLD | -5.34% | -1.06% | base | after close | after close | after close | after close |
| GDX | -15.10% | -6.24% | base | after close | after close | after close | after close |
| IBITNo price data for this ticker | — | — | — | — | — | — | — |
| TLT | -1.07% | -0.05% | base | after close | after close | after close | after close |
| NEM | -14.12% | -4.30% | base | after close | after close | after close | after close |
| AEM | -16.72% | -5.92% | base | after close | after close | after close | after close |
| WPMNo price data for this ticker | — | — | — | — | — | — | — |
| GOLDNo 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.
Gold drops 1% on hawkish Fed comments ahead of US inflation data Kitco
Source: Kitco
Spdr Gold Trust (GLD) since this story, compared with the market
| Company | When | Move | Status |
|---|---|---|---|
| Agnico Eagle Mines (AEM) | three days earlier | -5.92% | final price |
| Agnico Eagle Mines (AEM) | five days earlier | -16.72% | final price |
| Vaneck Etf Trust (GDX) | three days earlier | -6.24% | final price |
| Vaneck Etf Trust (GDX) | five days earlier | -15.10% | final price |
| Spdr Gold Trust (GLD) | three days earlier | -1.06% | final price |
| Spdr Gold Trust (GLD) | five days earlier | -5.34% | final price |
| Newmont (NEM) | three days earlier | -4.30% | final price |
| Newmont (NEM) | five days earlier | -14.12% | final price |
| Ishares Tr (TLT) | three days earlier | -0.05% | final price |
| Ishares Tr (TLT) | five days earlier | -1.07% | final price |
Trades by members of Congress and officials in the stocks in this story
- Donald J Trump, an executive branch official, bought Newmont (NEM), worth $1,001 - $15,000 on 24 Aug 2026. That is 78 days before publication. Filed 8 Oct 2026. View the filing.
- Rep. Gilbert Cisneros bought Wheaton Precious Metals (WPM), worth $1,001 - $15,000 on 26 Aug 2026. That is 76 days before publication. Filed 10 Sep 2026. View the filing.
- Rep. Rohit Khanna bought Jpmorgan Chase (JPM) (held by a dependent child), worth $1,001 - $15,000 on 15 Oct 2026. That is 26 days before publication. Filed 5 Nov 2026. View the filing.
- Rep. Rohit Khanna bought Jpmorgan Chase (JPM) (held by a spouse), worth $100,001 - $250,000 on 8 Oct 2026. That is 33 days before publication. Filed 5 Nov 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 67 days before publication. Filed 1 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Bank Of America (BAC) (held by a spouse), worth $1,001 - $15,000 on 20 Oct 2026. That is 21 days before publication. Filed 5 Nov 2026. View the filing.
- Rep. Rohit Khanna sold Bank Of America (BAC) (held by a dependent child), worth $1,001 - $15,000 on 13 Oct 2026. That is 28 days before publication. Filed 5 Nov 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 62 days before publication. Filed 7 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).
Who gains and who loses around Spdr Gold Trust (GLD)
Companies carried with this story
- GLD Spdr Gold Trust
Spdr Gold Trust (GLD) is linked, with no stored direction, medium confidence in the 10 Nov 2026 story “Gold drops 1% on hawkish Fed comments ahead of US inflation data.” Reason on file: SPDR Gold Shares: it follows gold or gold miners. Linked by “gold” (gold) in this story
- GDX Vaneck Etf Trust
Vaneck Etf Trust (GDX) is linked, with no stored direction, medium confidence in the 10 Nov 2026 story “Gold drops 1% on hawkish Fed comments ahead of US inflation data.” Reason on file: VanEck Gold Miners ETF: it follows gold or gold miners. Linked by “gold” (gold) in this story
- TLT Ishares Tr
For “Gold drops 1% on hawkish Fed comments ahead of US inflation data,” Ishares Tr (TLT) is linked, with no stored direction, medium confidence. Reason on file: iShares 20+ Year Treasury Bond ETF: Treasury bond prices move with interest-rate expectations. Linked by “fed” (US interest rates) in this story
- TIP Ishares Tr
For “Gold drops 1% on hawkish Fed comments ahead of US inflation data,” Ishares Tr (TIP) is linked, with no stored direction, medium confidence. Reason on file: iShares TIPS Bond ETF: it is a common hedge when prices rise. Linked by “inflation” (inflation and prices) in this story
- NEM Newmont
In “Gold drops 1% on hawkish Fed comments ahead of US inflation data,” Newmont (NEM) is linked, with no stored direction, medium confidence. Reason on file: Newmont (gold and silver ores): gold miners' profits move with the gold price. Linked by “gold” (gold) in this story
- JPM Jpmorgan Chase
In “Gold drops 1% on hawkish Fed comments ahead of US inflation data,” Jpmorgan Chase (JPM) is linked, with no stored direction, medium confidence. Reason on file: JPMorgan Chase (national commercial banks): rate changes move lenders' margins and borrowers' demand. Linked by “fed” (US interest rates) in this story
- AEM Agnico Eagle Mines
In “Gold drops 1% on hawkish Fed comments ahead of US inflation data,” Agnico Eagle Mines (AEM) is linked, with no stored direction, medium confidence. 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
- BAC Bank Of America
In “Gold drops 1% on hawkish Fed comments ahead of US inflation data,” Bank Of America (BAC) is linked, with no stored direction, medium confidence. Reason on file: Bank of America (national commercial banks): rate changes move lenders' margins and borrowers' demand. Linked by “fed” (US interest rates) in this story
Spdr Gold Trust (GLD)
Spdr Gold Trust (GLD) is the company in “Gold drops 1% on hawkish Fed comments ahead of US inflation data,” the 10 Nov 2026 this story story.
Spdr Gold Trust (GLD) is on the page because SPDR Gold Shares: it follows gold or gold miners. Linked by “gold” (gold) in this story
Also listed, Vaneck Etf Trust (GDX): VanEck Gold Miners ETF: it follows gold or gold miners. Linked by “gold” (gold) in this story
Dates and 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 385.21 across 16 sessions. The latest close on file is 379.67. TLT traded between 76.44 and 80.56 across 16 sessions. The latest close on file is 79.46.
How strong the case is around Spdr Gold Trust (GLD)
62 out of 100
“Gold drops 1% on hawkish Fed comments ahead of US inflation data” scores 62 out of 100. The score uses 3 sources, and 8 linked companies.