Gold sinks to one-year low, silver slips below $50 on inflation concerns, tech selloff
Published . Updated .
Covered by 2 outlets: Seeking Alpha, TradingView.
Gold futures fell to the lowest in more than a year on Friday and silver slipped below $50/oz for the first time since last November, as wars in the Middle East and Russia-Ukraine push oil prices higher, raising inflation concerns with implications of higher interest
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.
- USO United States Oil Fund+9.3% 30d
United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) in this story.
- SLV iShares Silver Trust-21.1% 30d
iShares Silver Trust: it follows the silver price. Linked by “silver” (silver) in this story.
- XOM ExxonMobil Holdings+10.9% 15d
ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.
- NEM Newmont-9.4% 30d
Newmont (gold and silver ores): gold miners' profits move with the gold price. Linked by “gold” (gold) 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.
- WPM Wheaton Precious Metals-18.3% 30d
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
| 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 | — | — | — | — | — | — | — |
| USONo price data for this ticker | — | — | — | — | — | — | — |
| SLVNo price data for this ticker | — | — | — | — | — | — | — |
| XOMNo price data for this ticker | — | — | — | — | — | — | — |
| NEMNo price data for this ticker | — | — | — | — | — | — | — |
| AEMNo price data for this ticker | — | — | — | — | — | — | — |
| WPMNo 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 sinks to one-year low, silver slips below $50 on inflation concerns, tech selloff Seeking Alpha
Source: Seeking Alpha
Trades by members of Congress and officials in the stocks in this story
- Rep. Pete Sessions sold ExxonMobil Holdings (XOM), worth $1,001 - $15,000 on 14 Oct 2026. That is 16 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Kevin Hern sold ExxonMobil Holdings (XOM) (jointly held), worth $100,001 - $250,000 on 31 Aug 2026. That is 60 days before publication. Filed 25 Sep 2026. View the filing.
- Donald J Trump, an executive branch official, bought Newmont (NEM), worth $1,001 - $15,000 on 24 Aug 2026. That is 67 days before publication. Filed 8 Oct 2026. View the filing.
- Rep. Gilbert Cisneros bought Wheaton Precious Metals (WPM), worth $1,001 - $15,000 on 26 Aug 2026. That is 65 days before publication. Filed 10 Sep 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).
Middle East, seven days against thirty
Geopolitics Alpha has 0 stories about Middle East from the past 7 days and 0 stories from the past 30. “Gold sinks to one-year low, silver slips below $50 on inflation concerns, tech selloff” is tagged to Middle East.
Who gains and who loses around Spdr Gold Trust (GLD)
Companies tied to this story
- GLD Spdr Gold Trust
For “Gold sinks to one-year low, silver slips below $50 on inflation concerns, tech selloff,” 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 sinks to one-year low, silver slips below $50 on inflation concerns, tech selloff,” 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 sinks to one-year low, silver slips below $50 on inflation concerns, tech selloff,” 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
- TIP Ishares Tr
Ishares Tr (TIP) is linked, with no stored direction, medium confidence in the 30 Oct 2026 story “Gold sinks to one-year low, silver slips below $50 on inflation concerns, tech selloff.” 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
In “Gold sinks to one-year low, silver slips below $50 on inflation concerns, tech selloff,” Newmont (NEM) is linked, with no stored direction, medium confidence. 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
For “Gold sinks to one-year low, silver slips below $50 on inflation concerns, tech selloff,” 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
For “Gold sinks to one-year low, silver slips below $50 on inflation concerns, tech selloff,” 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
- CDE Coeur Mining
Coeur Mining (CDE) is linked, with no stored direction, medium confidence in the 30 Oct 2026 story “Gold sinks to one-year low, silver slips below $50 on inflation concerns, tech selloff.” Reason on file: Coeur Mining (gold and silver ores): silver miners' profits move with the silver price. Linked by “silver” (silver) in this story
From Middle East to Spdr Gold Trust (GLD)
“Gold sinks to one-year low, silver slips below $50 on inflation concerns, tech selloff” (30 Oct 2026) reaches Spdr Gold Trust (GLD) through Middle East.
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
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 46.92 and 55.84 across 20 sessions. The latest close on file is 47.28.
What the saved facts support for Spdr Gold Trust (GLD)
54 out of 100
“Gold sinks to one-year low, silver slips below $50 on inflation concerns, tech selloff” scores 54 out of 100. The score uses 2 sources, and 8 linked companies.