ETLX.DE is trading at €93.41 (+3.03%) as gold reached a seven-week high near $4,285.84, supporting miners’ expected realized prices.
- A weaker U.S. dollar and falling Treasury yields increased demand for non-yielding bullion.
- Hopes for Strait of Hormuz reopening and softer oil prices further supported gold sentiment.
- Investors awaited the August 7, 2026 U.S. payrolls report for rate-direction clues.