Gold price slips from record, nudging GLD and Newmont lower in early trade
New York, January 15, 2026, 10:06 EST — Regular session Gold-linked ETFs and miners slipped Thursday as bullion eased off record peaks. SPDR Gold Shares dropped 0.5%, VanEck Gold Miners ETF lost 0.3%, and Newmont edged down 0.1% in early New York hours. Spot gold slid 0.3% to $4,607.59 an ounce by 9:32 a.m. ET, after hitting $4,642.72 the day before. Meanwhile, U.S. February futures fell 0.5% to $4,612.50. The retreat came as the dollar climbed, pushing the dollar index to its highest level since Dec. 2, driven by jobless claims beating forecasts and President Donald Trump’s softer stance on Iran. Trump also said he has no plans to fire Federal Reserve Chair Jerome Powell. “The dollar index is at a multi-week high and that’s providing a bit of a headwind for gold,” said Peter Grant, vice president and senior metals strategist at Zaner Metals.