Geopolitics Alpha

Gold Drops Below $4,000 as US Inflation and Interest Rate Concerns Weigh on Precious Metals

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GEOPOLITICS ALPHAGold Drops Below $4,000 as USInflation and Interest RateConcerns Weigh on Precious MetalsGEOPOLITICS ALPHA

This report is about gold and metals & mining.

Directly affected

  • No company is named in this report.

Indirectly affected

  • GLD SPDR Gold Shares-3.7% 30d

    SPDR Gold Shares: it follows gold or gold miners. Linked by “gold” (gold) in this story.

  • GDX VanEck Gold Miners ETF-10.4% 30d

    VanEck Gold Miners ETF: it follows gold or gold miners. Linked by “gold” (gold) in this story.

  • PICK iShares MSCI Global Metals & Mining Producers ETF-7.0% 30d

    iShares MSCI Global Metals & Mining Producers ETF: it holds metals and mining companies. Linked by “metals” (metals & mining) in this story.

  • TIP iShares TIPS Bond ETF-0.5% 30d

    iShares TIPS Bond ETF: it is a common hedge when prices rise. Linked by “inflation” (inflation and prices) in this story.

  • NEM Newmont-14.3% 30d

    Newmont (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.

  • AEM Agnico Eagle Mines-7.6% 30d

    Agnico Eagle Mines (gold and silver ores): gold miners' profits move with the gold price. Linked by “gold” (gold) in this story.

  • GOLD Gold.com-16.9% 30d

    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-0.54%+1.01%base-3.47%-1.90%after closeafter close
GDX-1.40%+2.20%base-5.23%-2.68%after closeafter close
PICK-2.57%+0.64%base-2.64%-1.58%after closeafter close
TIP-0.20%-0.13%base+0.23%-0.06%after closeafter close
NEM-2.65%+0.77%base-4.66%-2.40%after closeafter close
WPM-1.92%+2.20%base-5.45%-3.28%after closeafter close
AEM-0.97%+2.88%base-5.89%-2.98%after closeafter close
GOLD-0.34%+2.57%base-1.58%+4.12%after 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.

Gold Drops Below $4,000 as US Inflation and Interest Rate Concerns Weigh on Precious Metals Yahoo Finance

Source: Yahoo Finance

This story

CompanyWhenMoveStatus
AEMthat day-5.89%final price
AEMthe next day-2.98%final price
AEMthree days earlier+2.88%final price
AEMfive days earlier-0.97%final price
GDXthat day-5.23%final price
GDXthe next day-2.68%final price
GDXthree days earlier+2.20%final price
GDXfive days earlier-1.40%final price
GLDthat day-3.47%final price
GLDthe next day-1.90%final price
GLDthree days earlier+1.01%final price
GLDfive days earlier-0.54%final price
GOLDthat day-1.58%final price
GOLDthe next day+4.12%final price
GOLDthree days earlier+2.57%final price
GOLDfive days earlier-0.34%final price
NEMthat day-4.66%final price
NEMthe next day-2.40%final price
NEMthree days earlier+0.77%final price
NEMfive days earlier-2.65%final price
PICKthat day-2.64%final price
PICKthe next day-1.58%final price
PICKthree days earlier+0.64%final price
PICKfive days earlier-2.57%final price
TIPthat day+0.23%final price
TIPthe next day-0.06%final price
TIPthree days earlier-0.13%final price
TIPfive days earlier-0.20%final price
WPMthat day-5.45%final price
WPMthe next day-3.28%final price
WPMthree days earlier+2.20%final price
WPMfive days earlier-1.92%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).

This story

12 out of 100

“Gold Drops Below $4,000 as US Inflation and Interest Rate Concerns Weigh on Precious Metals” scores 12 out of 100. The score uses 1 sources.