Geopolitics Alpha

Gold slips after Fed holds rates, PCE inflation data in focus

Published . Updated .

GEOPOLITICS ALPHAGold slips after Fed holds rates,PCE inflation data in focusGEOPOLITICS ALPHA

This report is about inflation and prices and gold.

Directly affected

  • No company is named in this report.

Indirectly affected

  • 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.

  • XLP Consumer Staples Select Sector SPDR-4.0% 16d

    Consumer Staples Select Sector SPDR: it is a common hedge when prices rise. Linked by “inflation” (inflation and prices) in this story.

  • GLD SPDR Gold Shares-3.3% 30d

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

  • TLT iShares 20+ Year Treasury Bond ETF-1.8% 30d

    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-7.5% 30d

    Newmont (gold and silver ores): gold miners' profits move with the gold price. Linked by “gold” (gold) in this story.

  • WMT Walmart+11.0% 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+11.0% 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

TickerT-5T-3T-1T0T+1T+2T+3
TIPNo price data for this ticker———————
XLPNo price data for this ticker———————
GLDNo price data for this ticker———————
TLT+0.89%+0.83%baseafter closeafter closeafter closeafter close
NEMNo price data for this ticker———————
WMTNo price data for this ticker———————
AEMNo price data for this ticker———————
COSTNo 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 slips after Fed holds rates, PCE inflation data in focus Investing.com

Source: Investing.com

This story

CompanyWhenMoveStatus
TLTthree days earlier+0.83%final price
TLTfive days earlier+0.89%final price

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This story

12 out of 100

“Gold slips after Fed holds rates, PCE inflation data in focus” scores 12 out of 100. The score uses 1 sources.