🟢 Global Mining ETF (GDIG.L) is trading 3.61% up as Treasury buybacks lift gold and mining shares

GDIG.L is trading at $71.84 (+3.61%), extending the August 21 rally as gold remained above $4,500, with Treasury buybacks supporting precious-metals demand.

• The U.S. Treasury decided to at least double long-term bond-buyback operations, pressuring Treasury yields and the dollar while improving expected miner margins.
• Gold and mining shares broadly rallied, indicating a sector-wide move rather than ETF-specific news.
• The August 24 move continued prior-session momentum; gold later closed above $4,600 amid U.S. debt and sovereign balance-sheet concerns.