🔴 GoldMining is trading 5% down today as hotter-than-forecast U.S. inflation pressures gold stocks

GoldMining is trading 5.09% lower at $0.82 as hotter-than-forecast U.S. inflation and falling gold weigh on mining shares.

• September U.S. headline CPI rose 3.7% year over year, above the 3.6% forecast; rate-hike expectations increased, and gold fell over 1%.
• GoldMining announced a São Jorge project-director appointment on October 14, but available coverage does not link it to the decline. The move is more consistent with broader inflation and gold-market pressure than a company-specific catalyst.