Geopolitics Alpha

Gold, silver plunge as hotter U.S. inflation raises prospect of larger Fed rate hike - Kitco PM Report

Published . Updated .

Key takeaways

  • (Kitco NewsWire) - Spot gold and silver prices were sharply lower in late U.S.
  • Exposed: TLT, IEF, GLD, SLV, JPM
  • Market reaction: TLT −0.5% on the day (still updating); IEF −0.3% on the day (still updating); DHI −1.9% on the day (still updating)

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Gold, silver plunge as hotter U.S. inflation raises prospect of larger Fed rate hike - Kitco PM Report

(Kitco NewsWire) - Spot gold and silver prices were sharply lower in late U.S. trading Tuesday, as stronger-than-expected U.S. consumer inflation reinforced expectations for another Federal…

Directly affected

  • No company is named in this report.

Indirectly affected

  • 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 “fed” (US interest rates) in this story.

  • IEF iShares 7-10 Year Treasury Bond ETF-0.1% 19d

    iShares 7-10 Year Treasury Bond ETF: Treasury bond prices move with interest-rate expectations. Linked by “fed” (US interest rates) in this story.

  • GLD SPDR Gold Shares-3.3% 19d

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

  • SLV iShares Silver Trust-21.7% 30d

    iShares Silver Trust: it follows the silver price. Linked by “silver” (silver) in this story.

  • JPM JPMorgan Chase+0.1% 30d

    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-11.4% 30d

    Bank of America (national commercial banks): rate changes move lenders' margins and borrowers' demand. Linked by “fed” (US interest rates) in this story.

  • DHI D.R. Horton+6.8% 30d

    D.R. Horton (operative builders): rate changes move lenders' margins and borrowers' demand. Linked by “fed” (US interest rates) in this story.

  • SCHW The Charles Schwab

    The Charles Schwab (security brokers, dealers and flotation companies): rate changes move lenders' margins and borrowers' demand. Linked by “fed” (US interest rates) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
TLT+1.08%+1.27%base-0.48%after closeafter closeafter close
IEF+0.67%+0.89%base-0.28%after closeafter closeafter close
GLD+0.81%+0.85%base-0.60%after closeafter closeafter close
SLV+1.44%+0.84%base+1.62%after closeafter closeafter close
JPM+2.98%-2.21%base-0.11%after closeafter closeafter close
BAC+1.83%-2.53%base-0.28%after closeafter closeafter close
DHI+4.91%+1.71%base-1.88%after closeafter closeafter close
SCHW+0.36%-1.66%base-0.84%after 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, silver plunge as hotter U.S. inflation raises prospect of larger Fed rate hike - Kitco PM Report Kitco

Source: Kitco

Price since this story was published: Ishares Tr (TLT)

CompanyWhenMoveStatus
Bank Of America (BAC)that day-0.28%still updating
Bank Of America (BAC)three days earlier-2.53%final price
Bank Of America (BAC)five days earlier+1.83%final price
Horton D R (DHI)that day-1.88%still updating
Horton D R (DHI)three days earlier+1.71%final price
Horton D R (DHI)five days earlier+4.91%final price
Spdr Gold Trust (GLD)that day-0.60%still updating
Spdr Gold Trust (GLD)three days earlier+0.85%final price
Spdr Gold Trust (GLD)five days earlier+0.81%final price
Ishares Tr (IEF)that day-0.28%still updating
Ishares Tr (IEF)three days earlier+0.89%final price
Ishares Tr (IEF)five days earlier+0.67%final price
Jpmorgan Chase (JPM)that day-0.11%still updating
Jpmorgan Chase (JPM)three days earlier-2.21%final price
Jpmorgan Chase (JPM)five days earlier+2.98%final price
Schwab Charles (SCHW)that day-0.84%still updating
Schwab Charles (SCHW)three days earlier-1.66%final price
Schwab Charles (SCHW)five days earlier+0.36%final price
iShares Silver Trust (SLV)that day+1.62%still updating
iShares Silver Trust (SLV)three days earlier+0.84%final price
iShares Silver Trust (SLV)five days earlier+1.44%final price
Ishares Tr (TLT)that day-0.48%still updating
Ishares Tr (TLT)three days earlier+1.27%final price
Ishares Tr (TLT)five days earlier+1.08%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 Ishares Tr (TLT)

Companies carried with this story

  • TLT Ishares Tr

    Ishares Tr (TLT) is linked, with no stored direction, medium confidence in the 10 Nov 2026 story “Gold, silver plunge as hotter U.S. inflation raises prospect of larger Fed rate hike - Kitco PM Report.” 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

  • IEF Ishares Tr

    For “Gold, silver plunge as hotter U.S. inflation raises prospect of larger Fed rate hike - Kitco PM Report,” Ishares Tr (IEF) is linked, with no stored direction, medium confidence. Reason on file: iShares 7-10 Year Treasury Bond ETF: Treasury bond prices move with interest-rate expectations. Linked by “fed” (US interest rates) in this story

  • GLD Spdr Gold Trust

    In “Gold, silver plunge as hotter U.S. inflation raises prospect of larger Fed rate hike - Kitco PM Report,” 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

  • SLV iShares Silver Trust

    For “Gold, silver plunge as hotter U.S. inflation raises prospect of larger Fed rate hike - 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

  • JPM Jpmorgan Chase

    For “Gold, silver plunge as hotter U.S. inflation raises prospect of larger Fed rate hike - Kitco PM Report,” Jpmorgan Chase (JPM) is linked, with no stored direction, medium confidence. Reason on file: 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

    For “Gold, silver plunge as hotter U.S. inflation raises prospect of larger Fed rate hike - Kitco PM Report,” Bank Of America (BAC) is linked, with no stored direction, medium confidence. Reason on file: Bank of America (national commercial banks): rate changes move lenders' margins and borrowers' demand. Linked by “fed” (US interest rates) in this story

  • DHI Horton D R

    In “Gold, silver plunge as hotter U.S. inflation raises prospect of larger Fed rate hike - Kitco PM Report,” Horton D R (DHI) is linked, with no stored direction, medium confidence. Reason on file: D.R. Horton (operative builders): rate changes move lenders' margins and borrowers' demand. Linked by “fed” (US interest rates) in this story

  • SCHW Schwab Charles

    Schwab Charles (SCHW) is linked, with no stored direction, medium confidence in the 10 Nov 2026 story “Gold, silver plunge as hotter U.S. inflation raises prospect of larger Fed rate hike - Kitco PM Report.” Reason on file: The Charles Schwab (security brokers, dealers and flotation companies): rate changes move lenders' margins and borrowers' demand. Linked by “fed” (US interest rates) in this story

Ishares Tr (TLT)

“Gold, silver plunge as hotter U.S. inflation raises prospect of larger Fed rate hike - Kitco PM Report” (10 Nov 2026) reaches Ishares Tr (TLT) through this story.

The link for Ishares Tr (TLT) is this: iShares 20+ Year Treasury Bond ETF: Treasury bond prices move with interest-rate expectations. Linked by “fed” (US interest rates) in this story

A second company, Ishares Tr (IEF), is listed for a different reason: iShares 7-10 Year Treasury Bond ETF: Treasury bond prices move with interest-rate expectations. Linked by “fed” (US interest rates) in this story

The price range for Ishares Tr (TLT), and the dates in the story

GLD traded between 373.41 and 385.21 across 16 sessions. The latest close on file is 379.67. IEF traded between 88.64 and 90.69 across 16 sessions. The latest close on file is 90.08. TLT traded between 76.44 and 80.56 across 16 sessions. The latest close on file is 79.46.

A simple score for Ishares Tr (TLT)

46 out of 100Price not final

“Gold, silver plunge as hotter U.S. inflation raises prospect of larger Fed rate hike - Kitco PM Report” scores 46 out of 100. The score uses 1 sources, and 8 linked companies. The price is not final yet.