Geopolitics Alpha

Gold eases on firmer dollar ahead of Fed decision

Published . Updated .

Covered by 2 outlets: CNBC, The Edge Malaysia.

Who covered it: Center 1 · Not rated 1. How we rate outlets

GEOPOLITICS ALPHAGold eases on firmer dollar aheadof Fed decisionGEOPOLITICS ALPHA

This report is about gold and US interest rates.

Directly affected

  • No company is named in this report.

Indirectly affected

  • GLD SPDR Gold Shares-3.3% 30d

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

  • GDX VanEck Gold Miners ETF-14.8% 30d

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

  • 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.

  • JPM JPMorgan Chase-5.3% 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-15.0% 30d

    Bank of America (national commercial banks): rate changes move lenders' margins and borrowers' demand. Linked by “fed” (US interest rates) in this story.

  • NEM Newmont-11.5% 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-12.0% 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-19.3% 30d

    Wheaton Precious Metals (gold and silver ores): 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+2.68%+0.34%baseafter closeafter closeafter closeafter close
GDXNo price data for this ticker———————
TLT-1.92%+0.06%baseafter closeafter closeafter closeafter close
JPMNo price data for this ticker———————
BACNo price data for this ticker———————
NEMNo price data for this ticker———————
AEMNo price data for this ticker———————
WPMNo 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

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Gold eases on firmer dollar ahead of Fed decision CNBC

Source: CNBC

This story

CompanyWhenMoveStatus
GLDthree days earlier+0.34%final price
GLDfive days earlier+2.68%final price
TLTthree days earlier+0.06%final price
TLTfive 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).

How solid “Gold eases on firmer dollar ahead of Fed decision” looks

25 out of 100

“Gold eases on firmer dollar ahead of Fed decision” scores 25 out of 100. The score uses 2 sources.