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Gold's 3.6% Swoon: Inflation Data, Forced Selling and a Survey That Says Buyers Are Circling

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Gold's 3.6% Swoon: Inflation Data, Forced Selling and a Survey That Says Buyers Are Circling

Gold dropped 3.6% Friday on sticky US inflation, higher oil and possible margin calls, even as Chine

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.

  • 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.

  • USO United States Oil Fund+13.9% 30d

    United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) in this story.

  • 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.

  • WMT Walmart+14.9% 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.

  • COST Costco Wholesale+12.7% 30d

    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.

  • 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.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
GLDNo price data for this ticker———————
GDX+5.10%+8.91%baseafter closeafter closeafter closeafter close
TIPNo price data for this ticker———————
USONo price data for this ticker———————
NEMNo price data for this ticker———————
WMTNo price data for this ticker———————
COSTNo price data for this ticker———————
AEM+6.32%+10.78%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.

Market Call

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Gold's 3.6% Swoon: Inflation Data, Forced Selling and a Survey That Says Buyers Are Circling ad-hoc-news.de

Source: ad-hoc-news.de

The price since 1 Nov 2026: Spdr Gold Trust (GLD) versus the S&P 500

CompanyWhenMoveStatus
Agnico Eagle Mines (AEM)three days earlier+10.78%final price
Agnico Eagle Mines (AEM)five days earlier+6.32%final price
Vaneck Etf Trust (GDX)three days earlier+8.91%final price
Vaneck Etf Trust (GDX)five days earlier+5.10%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 gains and who loses around Spdr Gold Trust (GLD)

Companies carried with this story

  • GLD Spdr Gold Trust

    For “Gold's 3.6% Swoon: Inflation Data, Forced Selling and a Survey That Says Buyers Are Circling,” 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's 3.6% Swoon: Inflation Data, Forced Selling and a Survey That Says Buyers Are Circling,” 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

    Ishares Tr (TIP) is linked, with no stored direction, medium confidence in the 1 Nov 2026 story “Gold's 3.6% Swoon: Inflation Data, Forced Selling and a Survey That Says Buyers Are Circling.” Reason on file: iShares TIPS Bond ETF: it is a common hedge when prices rise. Linked by “inflation” (inflation and prices) in this story

  • WMT Walmart

    For “Gold's 3.6% Swoon: Inflation Data, Forced Selling and a Survey That Says Buyers Are Circling,” Walmart (WMT) is linked, with no stored direction, medium confidence. 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

  • NEM Newmont

    Newmont (NEM) is linked, with no stored direction, medium confidence in the 1 Nov 2026 story “Gold's 3.6% Swoon: Inflation Data, Forced Selling and a Survey That Says Buyers Are Circling.” Reason on file: Newmont (gold and silver ores): gold miners' profits move with the gold price. Linked by “gold” (gold) in this story

  • COST Costco Wholesale

    Costco Wholesale (COST) is linked, with no stored direction, medium confidence in the 1 Nov 2026 story “Gold's 3.6% Swoon: Inflation Data, Forced Selling and a Survey That Says Buyers Are Circling.” 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

    Procter & Gamble (PG) is linked, with no stored direction, medium confidence in the 1 Nov 2026 story “Gold's 3.6% Swoon: Inflation Data, Forced Selling and a Survey That Says Buyers Are Circling.” 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

  • AEM Agnico Eagle Mines

    For “Gold's 3.6% Swoon: Inflation Data, Forced Selling and a Survey That Says Buyers Are Circling,” 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

Spdr Gold Trust (GLD)

“Gold's 3.6% Swoon: Inflation Data, Forced Selling and a Survey That Says Buyers Are Circling” (1 Nov 2026) reaches Spdr Gold Trust (GLD) through this story.

What ties Spdr Gold Trust (GLD) to the headline is this: 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 in the story, and the Spdr Gold Trust (GLD) price range

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 400.78 across 20 sessions. The latest close on file is 379.67. TIP traded between 103.77 and 105.67 across 20 sessions. The latest close on file is 105.27.

A simple score for Spdr Gold Trust (GLD)

46 out of 100

“Gold's 3.6% Swoon: Inflation Data, Forced Selling and a Survey That Says Buyers Are Circling” scores 46 out of 100. The score uses 1 sources, and 8 linked companies.