Geopolitics Alpha

Gold off its lows as ECB leaves rates unchanged even as inflation remains elevated

Published . Updated .

GEOPOLITICS ALPHAGold off its lows as ECB leavesrates unchanged even as inflationremains elevatedGEOPOLITICS ALPHA

This report is about gold and Europe.

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-10.4% 30d

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

  • VGK Vanguard FTSE Europe ETF

    Vanguard FTSE Europe ETF holds stocks listed in Europe, which this story is about (“ecb”).

  • BWX SPDR Bloomberg International Treasury Bond ETF

    SPDR Bloomberg International Treasury Bond ETF holds government bonds outside the US, which react to inflation and interest-rate news like this one in Europe

  • EFA iShares MSCI EAFE ETF-2.2% 11d

    iShares MSCI EAFE ETF is a broad fund of developed-market stocks that includes Europe

  • NEM Newmont-13.4% 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-21.1% 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
GLDNo price data for this ticker———————
GDXNo price data for this ticker———————
VGKNo price data for this ticker———————
BWXNo price data for this ticker———————
EFANo 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.

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Gold off its lows as ECB leaves rates unchanged even as inflation remains elevated Kitco

Source: Kitco

Trades by members of Congress and officials in the stocks in this story

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This story

12 out of 100

“Gold off its lows as ECB leaves rates unchanged even as inflation remains elevated” scores 12 out of 100. The score uses 1 sources.