ETLX.DE is trading at €111.02 (+4.09%) after gold rallied as renewed U.S.-Iran military escalation boosted safe-haven demand and raised supply-risk concerns.
- Fed Governor Waller signaled support for holding rates steady if inflation continues cooling, reducing pressure from higher-rate expectations and supporting bullion.
- The ETF’s gold-mining equity exposure amplified bullion’s approximately 2.9% gain.