🟢 Global Mining ETF (GDIG.L) is trading 3.6% up today as geopolitical supply risks boost mining equities

GDIG.L is trading at $66.87 (+3.61%) as global mining equities rebound amid geopolitical supply risks.

• U.S.–Iran tensions and Strait of Hormuz disruption keep oil and commodity-supply risks elevated.
• Mining equities are rebounding despite weaker metals, with gold down 1.24% and copper down 0.49% early August 19.
• GDIG.L holds diversified global miners, including BHP, Newmont, and Rio Tinto; higher bond yields and falling metals prices are offsetting factors, making this sector-positioning rather than a broad metals-price rally.