Geopolitics Alpha

Recent inflation data intensifies risk context for silver, with Fed action remaining conditional

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GEOPOLITICS ALPHARecent inflation data intensifiesrisk context for silver, with Fedaction remaining conditionalGEOPOLITICS ALPHA

This report is about silver and US interest rates.

Directly affected

  • No company is named in this report.

Indirectly affected

  • SLV iShares Silver Trust-21.7% 30d

    iShares Silver Trust: it follows the silver price. Linked by “silver” (silver) 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.

  • TIP iShares TIPS Bond ETF+0.4% 19d

    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.

  • PAAS Pan American Silver-13.4% 30d

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

  • CDE Coeur Mining-20.8% 30d

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

  • HL Hecla Mining-16.7% 30d

    Hecla Mining (mining and quarrying of nonmetallic minerals (no fuels)): silver miners' profits move with the silver price. Linked by “silver” (silver) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
SLV+1.44%+0.84%base+0.96%after closeafter closeafter close
TLT+1.08%+1.27%base-0.06%after closeafter closeafter close
TIP+0.74%+0.94%base+0.02%after closeafter closeafter close
JPM+2.98%-2.21%base+0.46%after closeafter closeafter close
BAC+1.83%-2.53%base+0.00%after closeafter closeafter close
PAAS+4.06%+3.23%base-0.55%after closeafter closeafter close
CDE-4.71%+1.11%base-0.56%after closeafter closeafter close
HL+4.65%+3.15%base-0.63%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.

Recent inflation data intensifies risk context for silver, with Fed action remaining conditional Traders Union

Source: Traders Union

This story

CompanyWhenMoveStatus
BACthat day0.00%still updating
BACthree days earlier-2.53%final price
BACfive days earlier+1.83%final price
CDEthat day-0.56%still updating
CDEthree days earlier+1.11%final price
CDEfive days earlier-4.71%final price
HLthat day-0.63%still updating
HLthree days earlier+3.15%final price
HLfive days earlier+4.65%final price
JPMthat day+0.46%still updating
JPMthree days earlier-2.21%final price
JPMfive days earlier+2.98%final price
PAASthat day-0.55%still updating
PAASthree days earlier+3.23%final price
PAASfive days earlier+4.06%final price
SLVthat day+0.96%still updating
SLVthree days earlier+0.84%final price
SLVfive days earlier+1.44%final price
TIPthat day+0.02%still updating
TIPthree days earlier+0.94%final price
TIPfive days earlier+0.74%final price
TLTthat day-0.06%still updating
TLTthree days earlier+1.27%final price
TLTfive days earlier+1.08%final price

Congressional trades 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).

This story

12 out of 100Price not final

“Recent inflation data intensifies risk context for silver, with Fed action remaining conditional” scores 12 out of 100. The score uses 1 sources. The price is not final yet.