🔴 IAMGold is trading 7.46% down today as oil-driven inflation worries weigh on gold

IAMGold is trading at $16.48, down 7.46% on October 22, 2026, as gold’s more-than-two-week low amid oil-driven inflation worries pressured the sector.

• Rising oil prices heightened inflation worries and expectations of higher-for-longer interest rates, weighing on gold.
• Geopolitical tensions and declines in major U.S. indexes weakened broader risk sentiment.
• IAMGOLD’s October 21 Côté update said 2026 production was expected at the lower end of guidance; no direct link to the share-price move was reported.