Geopolitics Alpha

Gold Retreats from Record Highs: Bulls Pause as Fed Decision and Dollar Strength Loom

Published . Updated .

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GEOPOLITICS ALPHAGold Retreats from Record Highs:Bulls Pause as Fed Decision andDollar Strength LoomGEOPOLITICS 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

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

  • GDX VanEck Gold Miners ETF

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

  • TLT iShares 20+ Year Treasury Bond ETF

    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

    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

    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

    Newmont (gold and silver ores): gold miners' profits move with the gold price. Linked by “gold” (gold) in this story.

  • AEM Agnico Eagle Mines

    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 (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+6.80%+2.76%baseafter closeafter closeafter closeafter close
GDX+11.99%+4.37%baseafter closeafter closeafter closeafter close
TLT+3.26%+1.97%baseafter closeafter closeafter closeafter close
JPM-1.26%-0.84%baseafter closeafter closeafter closeafter close
BAC-0.84%-0.69%baseafter closeafter closeafter closeafter close
NEM+10.57%+4.68%baseafter closeafter closeafter closeafter close
AEM+12.52%+4.22%baseafter closeafter closeafter closeafter close
WPM+9.51%+3.17%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 Retreats from Record Highs: Bulls Pause as Fed Decision and Dollar Strength Loom Vocal

Source: Vocal

This story

CompanyWhenMoveStatus
AEMthree days earlier+4.22%final price
AEMfive days earlier+12.52%final price
BACthree days earlier-0.69%final price
BACfive days earlier-0.84%final price
GDXthree days earlier+4.37%final price
GDXfive days earlier+11.99%final price
GLDthree days earlier+2.76%final price
GLDfive days earlier+6.80%final price
JPMthree days earlier-0.84%final price
JPMfive days earlier-1.26%final price
NEMthree days earlier+4.68%final price
NEMfive days earlier+10.57%final price
TLTthree days earlier+1.97%final price
TLTfive days earlier+3.26%final price
WPMthree days earlier+3.17%final price
WPMfive days earlier+9.51%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).

This story

12 out of 100

“Gold Retreats from Record Highs: Bulls Pause as Fed Decision and Dollar Strength Loom” scores 12 out of 100. The score uses 1 sources.