🟢 Global Mining ETF (GDIG.L) is trading 3.1% up today as Treasury buybacks boosted gold demand

GDIG.L is trading at $71.47, up +3.07%, as gold remained above $4,500 after the U.S. Treasury’s decision to double long-term bond-buyback operations pushed yields and the dollar lower, improving precious-metals demand and expected miner margins.

• Gold-miner shares amplified bullion’s move, supporting GDIG.L’s diversified holdings across major global producers.
• The catalyst was primarily macro and sector-wide; although long-term yields rebounded on August 20, gold’s earlier surge and continued strength in international mining shares supported the ETF’s August 21 move.