Gold gains after steep drop, but hawkish central bank signals weigh
Published . Updated .
Covered by 3 outlets: TradingView, Kitco, ASHARQ AL-AWSAT English.
Key takeaways
- By Sherin SansGold prices climbed on Wednesday, but stayed near the $4,000 level after a sharp selloff in the previous session driven by hot US inflation data and hawkish policymakers' comments that boosted bets on further and larger rate hikes.Spot gold TVC:GOLD rose 0.3% to
- Exposed: NEM, AEM, WPM, GOLD, GLD
- Market reaction: AEM −1.0% on the day (still updating); NEM −0.4% on the day (still updating); GLD −0.6% on the day (still updating)
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By Sherin SansGold prices climbed on Wednesday, but stayed near the $4,000 level after a sharp selloff in the previous session driven by hot US inflation data and hawkish policymakers' comments that boosted bets on further and larger rate hikes.Spot gold TVC:GOLD rose 0.3% to
Directly affected
- No company is named in this report.
Indirectly affected
- GLD SPDR Gold Shares-3.3% 19d
SPDR Gold Shares: it follows gold or gold miners. Linked by “gold” (gold) in this story.
- GDX VanEck Gold Miners ETF-11.2% 30d
VanEck Gold Miners ETF: it follows gold or gold miners. Linked by “gold” (gold) in this story.
- TIP iShares TIPS Bond ETF+0.4% 19d
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-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.
- WPM Wheaton Precious Metals-18.0% 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-13.7% 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
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| GLD | +0.81% | +0.85% | base | -0.60% | after close | after close | after close |
| GDX | -2.24% | +1.24% | base | -0.30% | after close | after close | after close |
| TIPNo price data for this ticker | — | — | — | — | — | — | — |
| NEM | -1.46% | +0.83% | base | -0.38% | after close | after close | after close |
| AEM | -3.61% | +0.67% | base | -0.99% | after close | after close | after close |
| WPM | -3.71% | -0.22% | base | +0.02% | after close | after close | after close |
| GOLD | +10.34% | +0.24% | base | -0.21% | after close | after close | after close |
| WMTNo 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 gains after steep drop, but hawkish central bank signals weigh TradingView
Source: TradingView
The price since 11 Nov 2026: Newmont (NEM) versus the S&P 500
| Company | When | Move | Status |
|---|---|---|---|
| Agnico Eagle Mines (AEM) | that day | -0.99% | still updating |
| Agnico Eagle Mines (AEM) | three days earlier | +0.67% | final price |
| Agnico Eagle Mines (AEM) | five days earlier | -3.61% | final price |
| Vaneck Etf Trust (GDX) | that day | -0.30% | still updating |
| Vaneck Etf Trust (GDX) | three days earlier | +1.24% | final price |
| Vaneck Etf Trust (GDX) | five days earlier | -2.24% | final price |
| Spdr Gold Trust (GLD) | that day | -0.60% | still updating |
| Spdr Gold Trust (GLD) | three days earlier | +0.85% | final price |
| Spdr Gold Trust (GLD) | five days earlier | +0.81% | final price |
| Gold.com (GOLD) | that day | -0.21% | still updating |
| Gold.com (GOLD) | three days earlier | +0.24% | final price |
| Gold.com (GOLD) | five days earlier | +10.34% | final price |
| Newmont (NEM) | that day | -0.38% | still updating |
| Newmont (NEM) | three days earlier | +0.83% | final price |
| Newmont (NEM) | five days earlier | -1.46% | final price |
| Wheaton Precious Metals (WPM) | that day | +0.02% | still updating |
| Wheaton Precious Metals (WPM) | three days earlier | -0.22% | final price |
| Wheaton Precious Metals (WPM) | five days earlier | -3.71% | 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 79 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 77 days before publication. Filed 10 Sep 2026. View the filing.
- Rep. Rohit Khanna bought Walmart (WMT) (held by a dependent child), worth $15,001 - $50,000 on 13 Oct 2026. That is 29 days before publication. Filed 5 Nov 2026. View the filing.
- Rep. Rohit Khanna sold Walmart (WMT) (held by a spouse), worth $1,001 - $15,000 on 7 Oct 2026. That is 35 days before publication. Filed 5 Nov 2026. View the filing.
- Rep. Pete Sessions sold Walmart (WMT) (held by a spouse), worth $50,001 - $100,000 on 2 Oct 2026. That is 40 days before publication. Filed 27 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 Newmont (NEM)
Companies mentioned with this story
- NEM Newmont
In “Gold gains after steep drop, but hawkish central bank signals weigh,” 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 gains after steep drop, but hawkish central bank signals weigh,” 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
- WPM Wheaton Precious Metals
Wheaton Precious Metals (WPM) is linked, with no stored direction, medium confidence in the 11 Nov 2026 story “Gold gains after steep drop, but hawkish central bank signals weigh.” Reason on file: 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
In “Gold gains after steep drop, but hawkish central bank signals weigh,” Gold.com (GOLD) is linked, with no stored direction, medium confidence. Reason on file: Gold.com (jewelry, watches, precious stones and metals): gold miners' profits move with the gold price. Linked by “gold” (gold) in this story
- GLD Spdr Gold Trust
In “Gold gains after steep drop, but hawkish central bank signals weigh,” 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 gains after steep drop, but hawkish central bank signals weigh,” 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
Newmont (NEM)
The 11 Nov 2026 story “Gold gains after steep drop, but hawkish central bank signals weigh” names Newmont (NEM) because of this story.
Newmont (NEM) is on the page because Newmont (gold and silver ores): gold miners' profits move with the gold price. Linked by “gold” (gold) in this story
A second company, Agnico Eagle Mines (AEM), is listed for a different reason: Agnico Eagle Mines (gold and silver ores): gold miners' profits move with the gold price. Linked by “gold” (gold) in this story
The price range for Newmont (NEM), and the dates in the story
AEM traded between 169.92 and 192.31 across 20 sessions. The latest close on file is 180.69. NEM traded between 104.52 and 120.03 across 20 sessions. The latest close on file is 107.45. WPM traded between 113.85 and 139.71 across 20 sessions. The latest close on file is 119.18.
What the saved facts support for Newmont (NEM)
77 out of 100Price not final
“Gold gains after steep drop, but hawkish central bank signals weigh” scores 77 out of 100. The score uses 5 sources, and 6 linked companies. The price is not final yet.