Gold sheds gains as hot inflation figures, higher dollar weigh
Published . Updated .
Covered by 2 outlets: Mining.com, TradingView.
Key takeaways
- By Vedika ThoratGold prices fell on Wednesday, erasing earlier gains as hotter-than-anticipated inflation figures and hawkish comments from policymakers boosted the US dollar and highlighted probabilities of a bigger interest rate hike next month.Spot gold TVC:GOLD fell 0.41% to
- Exposed: GLD, GDX, TIP, NEM, WMT
- Market reaction: GLD −0.5% on the day (still updating); GDX −0.2% on the day (still updating); PG −1.1% on the day (still updating)
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By Vedika ThoratGold prices fell on Wednesday, erasing earlier gains as hotter-than-anticipated inflation figures and hawkish comments from policymakers boosted the US dollar and highlighted probabilities of a bigger interest rate hike next month.Spot gold TVC:GOLD fell 0.41% 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.
- TLT iShares 20+ Year Treasury Bond ETF-1.2% 19d
iShares 20+ Year Treasury Bond ETF: Treasury bond prices move with interest-rate expectations. Linked by “rate hike” (US interest rates) 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.
- 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.
- 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.
- COST Costco Wholesale+17.1% 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.
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 | -0.45% | after close | after close | after close |
| GDX | -2.24% | +1.24% | base | -0.23% | after close | after close | after close |
| TIP | +0.74% | +0.94% | base | -0.04% | after close | after close | after close |
| TLT | +1.08% | +1.27% | base | -0.32% | after close | after close | after close |
| NEM | -1.46% | +0.83% | base | -0.55% | after close | after close | after close |
| WMT | +2.97% | -0.02% | base | -0.92% | after close | after close | after close |
| AEM | -3.61% | +0.67% | base | -1.02% | after close | after close | after close |
| COST | -1.85% | -1.20% | base | +0.87% | after close | after close | after 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 sheds gains as hot inflation figures, higher dollar weigh Mining.com
Source: Mining.com
The price since 11 Nov 2026: Spdr Gold Trust (GLD) versus the S&P 500
| Company | When | Move | Status |
|---|---|---|---|
| Agnico Eagle Mines (AEM) | that day | -1.02% | still updating |
| Agnico Eagle Mines (AEM) | three days earlier | +0.67% | final price |
| Agnico Eagle Mines (AEM) | five days earlier | -3.61% | final price |
| Costco Wholesale (COST) | that day | +0.87% | still updating |
| Costco Wholesale (COST) | three days earlier | -1.20% | final price |
| Costco Wholesale (COST) | five days earlier | -1.85% | final price |
| Vaneck Etf Trust (GDX) | that day | -0.23% | 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 | -0.45% | still updating |
| Spdr Gold Trust (GLD) | three days earlier | +0.85% | final price |
| Spdr Gold Trust (GLD) | five days earlier | +0.81% | final price |
| Newmont (NEM) | that day | -0.55% | still updating |
| Newmont (NEM) | three days earlier | +0.83% | final price |
| Newmont (NEM) | five days earlier | -1.46% | final price |
| Ishares Tr (TIP) | that day | -0.04% | still updating |
| Ishares Tr (TIP) | three days earlier | +0.94% | final price |
| Ishares Tr (TIP) | five days earlier | +0.74% | final price |
| TLT | that day | -0.32% | still updating |
| TLT | three days earlier | +1.27% | final price |
| TLT | five days earlier | +1.08% | final price |
| Walmart (WMT) | that day | -0.92% | still updating |
| Walmart (WMT) | three days earlier | -0.02% | final price |
| Walmart (WMT) | five days earlier | +2.97% | 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. 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.
- Rep. Pete Sessions sold Costco Wholesale (COST), worth $100,001 - $250,000 on 13 Oct 2026. That is 29 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Costco Wholesale (COST) (held by a spouse), worth $1,001 - $15,000 on 12 Oct 2026. That is 30 days before publication. Filed 5 Nov 2026. View the filing.
- Rep. Rohit Khanna bought Costco Wholesale (COST) (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. Maria Elvira Salazar bought Procter & Gamble (PG), worth $1,001 - $15,000 on 23 Oct 2026. That is 19 days before publication. Filed 5 Nov 2026. View the filing.
- Rep. David J. Taylor sold Procter & Gamble (PG), worth $1,001 - $15,000 on 12 Oct 2026. That is 30 days before publication. Filed 15 Oct 2026. View the filing.
- Rep. Pete Sessions sold Procter & Gamble (PG), worth $1,001 - $15,000 on 8 Oct 2026. That is 34 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 Spdr Gold Trust (GLD)
Companies tied to this story
- GLD Spdr Gold Trust
Spdr Gold Trust (GLD) is linked, with no stored direction, medium confidence in the 11 Nov 2026 story “Gold sheds gains as hot inflation figures, higher dollar weigh.” Reason on file: SPDR Gold Shares: it follows gold or gold miners. Linked by “gold” (gold) in this story
- GDX Vaneck Etf Trust
Vaneck Etf Trust (GDX) is linked, with no stored direction, medium confidence in the 11 Nov 2026 story “Gold sheds gains as hot inflation figures, higher dollar weigh.” 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 11 Nov 2026 story “Gold sheds gains as hot inflation figures, higher dollar weigh.” Reason on file: iShares TIPS Bond ETF: it is a common hedge when prices rise. Linked by “inflation” (inflation and prices) in this story
- NEM Newmont
Newmont (NEM) is linked, with no stored direction, medium confidence in the 11 Nov 2026 story “Gold sheds gains as hot inflation figures, higher dollar weigh.” Reason on file: Newmont (gold and silver ores): gold miners' profits move with the gold price. Linked by “gold” (gold) in this story
- WMT Walmart
For “Gold sheds gains as hot inflation figures, higher dollar weigh,” 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
- AEM Agnico Eagle Mines
In “Gold sheds gains as hot inflation figures, higher dollar 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
- COST Costco Wholesale
For “Gold sheds gains as hot inflation figures, higher dollar weigh,” Costco Wholesale (COST) is linked, with no stored direction, medium confidence. 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
In “Gold sheds gains as hot inflation figures, higher dollar weigh,” Procter & Gamble (PG) is linked, with no stored direction, medium confidence. 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
Spdr Gold Trust (GLD)
Spdr Gold Trust (GLD) is the company in “Gold sheds gains as hot inflation figures, higher dollar weigh,” the 11 Nov 2026 this story 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 and price levels for Spdr Gold Trust (GLD)
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 385.21 across 16 sessions. The latest close on file is 379.67. TIP traded between 103.77 and 105.61 across 16 sessions. The latest close on file is 105.27.
A simple score for Spdr Gold Trust (GLD)
54 out of 100Price not final
“Gold sheds gains as hot inflation figures, higher dollar weigh” scores 54 out of 100. The score uses 2 sources, and 8 linked companies. The price is not final yet.