Geopolitics Alpha

Hotter US Inflation Knocked Gold Back Into The Red

Published . Updated .

Key takeaways

  • Exposed: GLD, GDX, TIP, NEM, WMT
  • Market reaction: GLD −0.5% on the day (still updating); GDX −0.2% on the day (still updating); PG −1.1% on the day (still updating)

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GEOPOLITICS ALPHAHotter US Inflation Knocked GoldBack Into The RedGEOPOLITICS ALPHA

This report is about gold and inflation and prices.

Directly affected

  • No company is named in this report.

Indirectly affected

  • GLD SPDR Gold Shares

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

  • GDX VanEck Gold Miners ETF

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

  • TIP iShares TIPS Bond ETF

    iShares TIPS Bond ETF: it is a common hedge when prices rise. Linked by “inflation” (inflation and prices) in this story.

  • NEM Newmont

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

  • WMT Walmart

    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

    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

    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.

  • PG The Procter & Gamble

    The Procter & Gamble (soap, detergents, cleang preparations, perfumes, cosmetics): 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
GLD+0.81%+0.85%base-0.45%after closeafter closeafter close
GDX-2.24%+1.24%base-0.23%after closeafter closeafter close
TIP+0.74%+0.94%base-0.04%after closeafter closeafter close
NEM-1.46%+0.83%base-0.55%after closeafter closeafter close
WMT+2.97%-0.02%base-0.92%after closeafter closeafter close
AEM-3.61%+0.67%base-1.02%after closeafter closeafter close
COST-1.85%-1.20%base+0.87%after closeafter closeafter close
PG-0.74%-1.92%base-1.08%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.

Hotter US Inflation Knocked Gold Back Into The Red Finimize

Source: Finimize

The price since 11 Nov 2026: Spdr Gold Trust (GLD) versus the S&P 500

CompanyWhenMoveStatus
Agnico Eagle Mines (AEM)that day-1.02%still updating
Agnico Eagle Mines (AEM)three days earlier+0.67%final price
Agnico Eagle Mines (AEM)five days earlier-3.61%final price
Costco Wholesale (COST)that day+0.87%still updating
Costco Wholesale (COST)three days earlier-1.20%final price
Costco Wholesale (COST)five days earlier-1.85%final price
Vaneck Etf Trust (GDX)that day-0.23%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-0.45%still updating
Spdr Gold Trust (GLD)three days earlier+0.85%final price
Spdr Gold Trust (GLD)five days earlier+0.81%final price
Newmont (NEM)that day-0.55%still updating
Newmont (NEM)three days earlier+0.83%final price
Newmont (NEM)five days earlier-1.46%final price
Procter & Gamble (PG)that day-1.08%still updating
Procter & Gamble (PG)three days earlier-1.92%final price
Procter & Gamble (PG)five days earlier-0.74%final price
Ishares Tr (TIP)that day-0.04%still updating
Ishares Tr (TIP)three days earlier+0.94%final price
Ishares Tr (TIP)five days earlier+0.74%final price
Walmart (WMT)that day-0.92%still updating
Walmart (WMT)three days earlier-0.02%final price
Walmart (WMT)five days earlier+2.97%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 is named in “Hotter US Inflation Knocked Gold Back Into The Red”

Companies carried with this story

  • GLD Spdr Gold Trust

    Spdr Gold Trust (GLD) is linked, with no stored direction, medium confidence in the 11 Nov 2026 story “Hotter US Inflation Knocked Gold Back Into The Red.” Reason on file: SPDR Gold Shares: it follows gold or gold miners. Linked by “gold” (gold) in this story

  • GDX Vaneck Etf Trust

    For “Hotter US Inflation Knocked Gold Back Into The Red,” 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

  • TIP Ishares Tr

    For “Hotter US Inflation Knocked Gold Back Into The Red,” 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

  • NEM Newmont

    For “Hotter US Inflation Knocked Gold Back Into The Red,” 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

  • WMT Walmart

    In “Hotter US Inflation Knocked Gold Back Into The Red,” Walmart (WMT) is linked, with no stored direction, medium confidence. Reason on file: 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

    For “Hotter US Inflation Knocked Gold Back Into The Red,” 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

  • COST Costco Wholesale

    Costco Wholesale (COST) is linked, with no stored direction, medium confidence in the 11 Nov 2026 story “Hotter US Inflation Knocked Gold Back Into The Red.” Reason on file: 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

  • PG Procter & Gamble

    For “Hotter US Inflation Knocked Gold Back Into The Red,” Procter & Gamble (PG) is linked, with no stored direction, medium confidence. Reason on file: The Procter & Gamble (soap, detergents, cleang preparations, perfumes, cosmetics): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “inflation” (inflation and prices) in this story

How “Hotter US Inflation Knocked Gold Back Into The Red” reaches Spdr Gold Trust (GLD)

On 11 Nov 2026, “Hotter US Inflation Knocked Gold Back Into The Red” is the story that connects Spdr Gold Trust (GLD) to this 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

Also listed, Vaneck Etf Trust (GDX): VanEck Gold Miners ETF: it follows gold or gold miners. Linked by “gold” (gold) in this story

Dates in the story, and the Spdr Gold Trust (GLD) price range

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. TIP traded between 103.77 and 105.61 across 16 sessions. The latest close on file is 105.27.

What the saved facts support for Spdr Gold Trust (GLD)

46 out of 100Price not final

“Hotter US Inflation Knocked Gold Back Into The Red” scores 46 out of 100. The score uses 1 sources, and 8 linked companies. The price is not final yet.