Gold, silver fall as strong U.S. GDP, inflation support Fed tightening bets - Kitco PM Report
Published . Updated .
(Kitco NewsWire) - Spot gold and silver prices were sharply lower in late U.S. trading Thursday, as stronger-than-expected economic growth and persistent inflation reinforced expectations for…
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.
- SLV iShares Silver Trust-16.8% 30d
iShares Silver Trust: it follows the silver price. Linked by “silver” (silver) 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.
- PAAS Pan American Silver-14.3% 30d
Pan American Silver (gold and silver ores): silver miners' profits move with the silver price. Linked by “silver” (silver) 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.
- CDE Coeur Mining-24.2% 30d
Coeur Mining (gold and silver ores): silver miners' profits move with the silver price. Linked by “silver” (silver) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| GLDNo price data for this ticker | — | — | — | — | — | — | — |
| GDXNo price data for this ticker | — | — | — | — | — | — | — |
| SLVNo price data for this ticker | — | — | — | — | — | — | — |
| TIPNo price data for this ticker | — | — | — | — | — | — | — |
| NEMNo price data for this ticker | — | — | — | — | — | — | — |
| PAASNo price data for this ticker | — | — | — | — | — | — | — |
| AEMNo price data for this ticker | — | — | — | — | — | — | — |
| CDENo 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, silver fall as strong U.S. GDP, inflation support Fed tightening bets - Kitco PM Report Kitco
Source: Kitco
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
Spdr Gold Trust (GLD) is linked, with no stored direction, medium confidence in the 29 Oct 2026 story “Gold, silver fall as strong U.S. GDP, inflation support Fed tightening bets - Kitco PM Report.” Reason on file: SPDR Gold Shares: it follows gold or gold miners. Linked by “gold” (gold) in this story
- GDX Vaneck Etf Trust
In “Gold, silver fall as strong U.S. GDP, inflation support Fed tightening bets - Kitco PM Report,” 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
- SLV iShares Silver Trust
In “Gold, silver fall as strong U.S. GDP, inflation support Fed tightening bets - Kitco PM Report,” iShares Silver Trust (SLV) is linked, with no stored direction, medium confidence. Reason on file: iShares Silver Trust: it follows the silver price. Linked by “silver” (silver) in this story
- TLT Ishares Tr
For “Gold, silver fall as strong U.S. GDP, inflation support Fed tightening bets - Kitco PM Report,” Ishares Tr (TLT) is linked, with no stored direction, medium confidence. Reason on file: iShares 20+ Year Treasury Bond ETF: Treasury bond prices move with interest-rate expectations. Linked by “fed” (US interest rates) in this story
- NEM Newmont
Newmont (NEM) is linked, with no stored direction, medium confidence in the 29 Oct 2026 story “Gold, silver fall as strong U.S. GDP, inflation support Fed tightening bets - Kitco PM Report.” Reason on file: Newmont (gold and silver ores): gold miners' profits move with the gold price. Linked by “gold” (gold) in this story
- PAAS Pan American Silver
In “Gold, silver fall as strong U.S. GDP, inflation support Fed tightening bets - Kitco PM Report,” Pan American Silver (PAAS) is linked, with no stored direction, medium confidence. Reason on file: Pan American Silver (gold and silver ores): silver miners' profits move with the silver price. Linked by “silver” (silver) in this story
- AEM Agnico Eagle Mines
Agnico Eagle Mines (AEM) is linked, with no stored direction, medium confidence in the 29 Oct 2026 story “Gold, silver fall as strong U.S. GDP, inflation support Fed tightening bets - Kitco PM Report.” 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
- CDE Coeur Mining
Coeur Mining (CDE) is linked, with no stored direction, medium confidence in the 29 Oct 2026 story “Gold, silver fall as strong U.S. GDP, inflation support Fed tightening bets - Kitco PM Report.” Reason on file: Coeur Mining (gold and silver ores): silver miners' profits move with the silver price. Linked by “silver” (silver) in this story
Spdr Gold Trust (GLD)
“Gold, silver fall as strong U.S. GDP, inflation support Fed tightening bets - Kitco PM Report” (29 Oct 2026) reaches Spdr Gold Trust (GLD) through this story.
For Spdr Gold Trust (GLD), the reason on file says SPDR Gold Shares: it follows gold or gold miners. Linked by “gold” (gold) in this story
Also listed, Vaneck Etf Trust (GDX): VanEck Gold Miners ETF: it follows gold or gold miners. Linked by “gold” (gold) in this story
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 400.78 across 20 sessions. The latest close on file is 379.67. SLV traded between 47.87 and 55.84 across 20 sessions. The latest close on file is 49.04.
A simple score for Spdr Gold Trust (GLD)
46 out of 100
“Gold, silver fall as strong U.S. GDP, inflation support Fed tightening bets - Kitco PM Report” scores 46 out of 100. The score uses 1 sources, and 8 linked companies.