Geopolitics Alpha

Gold steadies near $4,040 after inflation-driven selloff as Fed hike bets rise

Published . Updated .

Key takeaways

  • Exposed: GLD, GDX, TLT, NEM, JPM
  • Market reaction: GLD −0.6% on the day (still updating); GDX −0.3% on the day (still updating); AEM −1.0% on the day (still updating)

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GEOPOLITICS ALPHAGold steadies near $4,040 afterinflation-driven selloff as Fedhike bets riseGEOPOLITICS ALPHA

This report is about gold and US interest rates.

Directly affected

  • No company is named in this report.

Indirectly affected

  • GLD SPDR Gold Shares-3.3% 19d

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

  • GDX VanEck Gold Miners ETF-11.2% 30d

    VanEck Gold Miners ETF: it follows gold or gold miners. Linked by “gold” (gold) in this story.

  • 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.

  • 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.

  • NEM Newmont-13.0% 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-18.0% 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

TickerT-5T-3T-1T0T+1T+2T+3
GLD+0.81%+0.85%base-0.60%after closeafter closeafter close
GDX-2.24%+1.24%base-0.30%after closeafter closeafter close
TLT+1.08%+1.27%base-0.48%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
NEM-1.46%+0.83%base-0.38%after closeafter closeafter close
AEM-3.61%+0.67%base-0.99%after closeafter closeafter close
WPM-3.71%-0.22%base+0.02%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 steadies near $4,040 after inflation-driven selloff as Fed hike bets rise Investing.com

Source: Investing.com

Price since this story was published: Spdr Gold Trust (GLD)

CompanyWhenMoveStatus
Agnico Eagle Mines (AEM)that day-0.99%still updating
Agnico Eagle Mines (AEM)three days earlier+0.67%final price
Agnico Eagle Mines (AEM)five days earlier-3.61%final price
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
Vaneck Etf Trust (GDX)that day-0.30%still updating
Vaneck Etf Trust (GDX)three days earlier+1.24%final price
Vaneck Etf Trust (GDX)five days earlier-2.24%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
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
Newmont (NEM)that day-0.38%still updating
Newmont (NEM)three days earlier+0.83%final price
Newmont (NEM)five days earlier-1.46%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
Wheaton Precious Metals (WPM)that day+0.02%still updating
Wheaton Precious Metals (WPM)three days earlier-0.22%final price
Wheaton Precious Metals (WPM)five days earlier-3.71%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 Spdr Gold Trust (GLD)

Companies tied to this story

  • GLD Spdr Gold Trust

    For “Gold steadies near $4,040 after inflation-driven selloff as Fed hike bets rise,” 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 steadies near $4,040 after inflation-driven selloff as Fed hike bets rise,” 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

    Ishares Tr (TLT) is linked, with no stored direction, medium confidence in the 11 Nov 2026 story “Gold steadies near $4,040 after inflation-driven selloff as Fed hike bets rise.” 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

    For “Gold steadies near $4,040 after inflation-driven selloff as Fed hike bets rise,” 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

  • JPM Jpmorgan Chase

    For “Gold steadies near $4,040 after inflation-driven selloff as Fed hike bets rise,” 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

  • AEM Agnico Eagle Mines

    For “Gold steadies near $4,040 after inflation-driven selloff as Fed hike bets rise,” 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

  • BAC Bank Of America

    For “Gold steadies near $4,040 after inflation-driven selloff as Fed hike bets rise,” 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

  • WPM Wheaton Precious Metals

    In “Gold steadies near $4,040 after inflation-driven selloff as Fed hike bets rise,” Wheaton Precious Metals (WPM) is linked, with no stored direction, medium confidence. Reason on file: Wheaton Precious Metals (gold and silver ores): gold miners' profits move with the gold price. Linked by “gold” (gold) in this story

Spdr Gold Trust (GLD)

Spdr Gold Trust (GLD) is the company in “Gold steadies near $4,040 after inflation-driven selloff as Fed hike bets rise,” the 11 Nov 2026 this story story.

The link for Spdr Gold Trust (GLD) is this: SPDR Gold Shares: it follows gold or gold miners. Linked by “gold” (gold) in this story

Vaneck Etf Trust (GDX) is here too. Its reason reads: 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)

54 out of 100Price not final

“Gold steadies near $4,040 after inflation-driven selloff as Fed hike bets rise” scores 54 out of 100. The score uses 2 sources, and 8 linked companies. The price is not final yet.