GDIG.L is trading at $68.28 (+5.79%) as gold rallies after the U.S. Treasury announced larger long-term bond buybacks, pushing yields lower and weakening the dollar.
- Spot gold rose more than 4% toward $4,500, improving expected margins for miners.
- Ongoing U.S.–Iran tensions and Strait of Hormuz disruption concerns are supporting the broader mining and commodities complex.
- The move appears sector-wide rather than driven by one dominant holding.