GDIG.L is trading at $69.50 (-3.27%) as Middle East escalation and Strait of Hormuz disruption fears pressured global risk appetite.

  • U.S. 10-year yields above 4.75% and hawkish Federal Reserve messaging added macro pressure.
  • Diversified exposure to BHP, Rio Tinto, and Newmont increases sensitivity to broad mining-equity selling.
  • Industrial metals were mixed-to-firmer; zinc rose 2.34%, limiting evidence of a commodity-specific collapse.