Geopolitics Alpha

Gold prices edge lower as US inflation data reinforces Fed outlook

Published . Updated .

Covered by 3 outlets: The Business Times, marketscreener.com, TradingView.

GEOPOLITICS ALPHAGold prices edge lower as USinflation data reinforces FedoutlookGEOPOLITICS 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-10.4% 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.

  • 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-8.4% 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-16.9% 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-16.0% 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
GLDNo price data for this ticker———————
GDXNo price data for this ticker———————
TLT-0.18%+0.20%baseafter closeafter closeafter closeafter close
TIPNo price data for this ticker———————
NEMNo price data for this ticker———————
AEMNo price data for this ticker———————
WPMNo price data for this ticker———————
GOLDNo 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 prices edge lower as US inflation data reinforces Fed outlook The Business Times

Source: The Business Times

This story

CompanyWhenMoveStatus
TLTthree days earlier+0.20%final price
TLTfive days earlier-0.18%final price

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This story

38 out of 100

“Gold prices edge lower as US inflation data reinforces Fed outlook” scores 38 out of 100. The score uses 3 sources.