Geopolitics Alpha

Gold edges lower as focus shifts to U.S. inflation data

Published . Updated .

Key takeaways

  • Gold prices fell more than 1% ​on Tuesday after hawkish remarks ​from a US ​Federal Reserve official, who said aggressive monetary policy may be needed if inflation continues to rise.
  • Exposed: GLD, GDX, TIP, NEM, AEM
  • Market reaction: price tracking starts with the next trading session.

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Gold edges lower as focus shifts to U.S. inflation data

Gold prices fell more than 1% ​on Tuesday after hawkish remarks ​from a US ​Federal Reserve official, who said aggressive monetary policy may be needed if inflation continues to rise.

Directly affected

  • No company is 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.

  • TIP iShares TIPS Bond ETF-0.3% 30d

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

  • WMT Walmart+20.2% 30d

    Walmart (variety stores): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “inflation” (inflation and prices) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
GLD-5.34%-1.06%baseafter closeafter closeafter closeafter close
GDX-15.10%-6.24%baseafter closeafter closeafter closeafter close
TIP+0.06%+0.20%baseafter closeafter closeafter closeafter close
NEM-14.12%-4.30%baseafter closeafter closeafter closeafter close
AEM-16.72%-5.92%baseafter closeafter closeafter closeafter close
WPMNo price data for this ticker———————
GOLDNo price data for this ticker———————
WMT-0.64%+1.67%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.

Gold edges lower as focus shifts to U.S. inflation data CNBC

Source: CNBC

Spdr Gold Trust (GLD) since this story, compared with the market

CompanyWhenMoveStatus
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 (TIP)three days earlier+0.20%final price
Ishares Tr (TIP)five days earlier+0.06%final price
Walmart (WMT)three days earlier+1.67%final price
Walmart (WMT)five days earlier-0.64%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).

Who is named in “Gold edges lower as focus shifts to U.S. inflation data”

Companies carried with this story

  • GLD Spdr Gold Trust

    For “Gold edges lower as focus shifts to U.S. inflation data,” Spdr Gold Trust (GLD) is linked, with no stored direction, medium confidence. Reason on file: SPDR Gold Shares: it follows gold or gold miners. Linked by “gold” (gold) in this story

  • GDX Vaneck Etf Trust

    For “Gold edges lower as focus shifts to U.S. inflation data,” Vaneck Etf Trust (GDX) is linked, with no stored direction, medium confidence. Reason on file: VanEck Gold Miners ETF: it follows gold or gold miners. Linked by “gold” (gold) in this story

  • TIP Ishares Tr

    For “Gold edges lower as focus shifts to U.S. 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 edges lower as focus shifts to U.S. 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

  • AEM Agnico Eagle Mines

    In “Gold edges lower as focus shifts to U.S. 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

  • WMT Walmart

    Walmart (WMT) is linked, with no stored direction, medium confidence in the 10 Nov 2026 story “Gold edges lower as focus shifts to U.S. inflation data.” Reason on file: Walmart (variety stores): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “inflation” (inflation and prices) in this story

  • COST Costco Wholesale

    In “Gold edges lower as focus shifts to U.S. inflation data,” Costco Wholesale (COST) is linked, with no stored direction, medium confidence. Reason on file: Costco Wholesale (variety stores): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “inflation” (inflation and prices) in this story

  • PG Procter & Gamble

    For “Gold edges lower as focus shifts to U.S. inflation data,” Procter & Gamble (PG) is linked, with no stored direction, medium confidence. Reason on file: The Procter & Gamble (soap, detergents, cleang preparations, perfumes, cosmetics): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “inflation” (inflation and prices) in this story

How “Gold edges lower as focus shifts to U.S. inflation data” reaches Spdr Gold Trust (GLD)

“Gold edges lower as focus shifts to U.S. inflation data” (10 Nov 2026) reaches Spdr Gold Trust (GLD) through this story.

For Spdr Gold Trust (GLD), the reason on file says SPDR Gold Shares: it follows gold or gold miners. Linked by “gold” (gold) in this story

A second company, Vaneck Etf Trust (GDX), is listed for a different reason: 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. TIP traded between 103.77 and 105.61 across 16 sessions. The latest close on file is 105.27.

What the saved facts support for Spdr Gold Trust (GLD)

46 out of 100

“Gold edges lower as focus shifts to U.S. inflation data” scores 46 out of 100. The score uses 1 sources, and 8 linked companies.