🔴 AAAU is trading 3.1% down today as gold extends its Fed-driven correction

AAAU is trading at $39.28 (-3.08%) as gold prices extend a sharp, multi-session pullback tracking the ongoing correction in spot gold.

• The decline is being driven by a hawkish Federal Reserve tone and softer macro data, which are pressuring real yields.
• A broad reset of bullish gold forecasts is dampening demand for gold-backed ETFs despite relatively calm equity markets.