Gold Slips Below $4,000 on Hot Inflation Data and Fed Rate-Hike Bets
Published . Updated .
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Gold slipped below $4,000 an ounce as hotter-than-expected October inflation data raised expectations of a December Fed rate hike. TD Securities warns of a possible retest of $3,900 support, while analysts flag $3,942-$4,000 as a key technical zone.
Directly affected
- No company is named in this report.
Indirectly affected
- TLT iShares 20+ Year Treasury Bond ETF+0.0% 18d
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+0.4% 18d
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-3.1% 18d
SPDR Gold Shares: it follows gold or gold miners. Linked by “gold” (gold) in this story.
- TIP iShares TIPS Bond ETF+0.9% 18d
iShares TIPS Bond ETF: it is a common hedge when prices rise. Linked by “inflation” (inflation and prices) 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+6.7% 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
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| TLT | +1.21% | +1.27% | base | after close | after close | after close | after close |
| IEFNo price data for this ticker | — | — | — | — | — | — | — |
| GLD | +2.83% | +3.93% | base | after close | after close | after close | after close |
| TIP | +0.93% | +0.72% | base | after close | after close | after close | after close |
| JPM | -1.72% | -0.42% | base | after close | after close | after close | after close |
| BAC | -1.69% | -0.16% | base | after close | after close | after close | after close |
| DHINo price data for this ticker | — | — | — | — | — | — | — |
| SCHWNo 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.
Gold Slips Below $4,000 on Hot Inflation Data and Fed Rate-Hike Bets - News and Statistics IndexBox
Source: IndexBox
The price since 11 Nov 2026: Spdr Gold Trust (GLD) versus the S&P 500
| Company | When | Move | Status |
|---|---|---|---|
| Bank Of America (BAC) | three days earlier | -0.16% | final price |
| Bank Of America (BAC) | five days earlier | -1.69% | final price |
| Spdr Gold Trust (GLD) | three days earlier | +3.93% | final price |
| Spdr Gold Trust (GLD) | five days earlier | +2.83% | final price |
| Jpmorgan Chase (JPM) | three days earlier | -0.42% | final price |
| Jpmorgan Chase (JPM) | five days earlier | -1.72% | final price |
| Ishares Tr (TIP) | three days earlier | +0.72% | final price |
| Ishares Tr (TIP) | five days earlier | +0.93% | final price |
| Ishares Tr (TLT) | three days earlier | +1.27% | final price |
| Ishares Tr (TLT) | five days earlier | +1.21% | final price |
Trades by members of Congress and officials in the stocks in this story
- Sen. John Boozman bought IEF (jointly held), worth $1,001 - $15,000 on 9 Sep 2026. That is 63 days before publication. Filed 21 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Jpmorgan Chase (JPM) (held by a dependent child), worth $1,001 - $15,000 on 15 Oct 2026. That is 27 days before publication. Filed 5 Nov 2026. View the filing.
- Rep. Rohit Khanna bought Jpmorgan Chase (JPM) (held by a spouse), worth $100,001 - $250,000 on 8 Oct 2026. That is 34 days before publication. Filed 5 Nov 2026. View the filing.
- Sen. Sheldon Whitehouse sold Jpmorgan Chase (JPM) (held by a spouse), worth $15,001 - $50,000 on 4 Sep 2026. That is 68 days before publication. Filed 1 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Bank Of America (BAC) (held by a spouse), worth $1,001 - $15,000 on 20 Oct 2026. That is 22 days before publication. Filed 5 Nov 2026. View the filing.
- Rep. Rohit Khanna sold Bank Of America (BAC) (held by a dependent child), worth $1,001 - $15,000 on 13 Oct 2026. That is 29 days before publication. Filed 5 Nov 2026. View the filing.
- Rep. Rohit Khanna sold Bank Of America (BAC) (held by a spouse), worth $1,001 - $15,000 on 9 Sep 2026. That is 63 days before publication. Filed 7 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, bought Horton D R (DHI), worth $15,001 - $50,000 on 17 Aug 2026. That is 86 days before publication. Filed 8 Oct 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 79 days before publication. Filed 8 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 carried with this story
- GLD Spdr Gold Trust
For “Gold Slips Below $4,000 on Hot Inflation Data and Fed Rate-Hike Bets - News and Statistics,” 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 Slips Below $4,000 on Hot Inflation Data and Fed Rate-Hike Bets - News and Statistics,” 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
- TLT Ishares Tr
In “Gold Slips Below $4,000 on Hot Inflation Data and Fed Rate-Hike Bets - News and Statistics,” 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
- TIP Ishares Tr
In “Gold Slips Below $4,000 on Hot Inflation Data and Fed Rate-Hike Bets - News and Statistics,” Ishares Tr (TIP) is linked, with no stored direction, medium confidence. Reason on file: iShares TIPS Bond ETF: it is a common hedge when prices rise. Linked by “inflation” (inflation and prices) in this story
- JPM Jpmorgan Chase
In “Gold Slips Below $4,000 on Hot Inflation Data and Fed Rate-Hike Bets - News and Statistics,” 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 Slips Below $4,000 on Hot Inflation Data and Fed Rate-Hike Bets - News and Statistics,” 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
- NEM Newmont
For “Gold Slips Below $4,000 on Hot Inflation Data and Fed Rate-Hike Bets - News and Statistics,” 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
- AEM Agnico Eagle Mines
In “Gold Slips Below $4,000 on Hot Inflation Data and Fed Rate-Hike Bets - News and Statistics,” 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
Spdr Gold Trust (GLD)
“Gold Slips Below $4,000 on Hot Inflation Data and Fed Rate-Hike Bets - News and Statistics” (11 Nov 2026) reaches Spdr Gold Trust (GLD) through this story.
Spdr Gold Trust (GLD) is on the page because 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. TLT traded between 76.44 and 80.56 across 16 sessions. The latest close on file is 79.46.
How strong the case is around Spdr Gold Trust (GLD)
46 out of 100
“Gold Slips Below $4,000 on Hot Inflation Data and Fed Rate-Hike Bets - News and Statistics” scores 46 out of 100. The score uses 1 sources, and 8 linked companies.