ETLX.DE is trading at €105.64, up +7.50%, after the U.S. Treasury announced it would at least double long-dated bond buybacks to $4 billion per operation, lifting gold’s appeal.
- The announcement pushed 30-year Treasury yields down roughly 10 basis points and weakened the dollar.
- Gold jumped above $4,500; central-bank demand and Middle East uncertainty continued to support bullion.
- Gold’s approximately 4% August 19 advance improved miners’ earnings leverage and lifted the broader global gold-mining complex; the move appears sector-driven, not tied to a single dominant holding.