- SPDR GOLD TRUST GDR EACH REPR 5 is trading 2.1% up today at $11760.00, rallying on broader market optimism.
- The upturn follows news of diplomatic progress in U.S.-Iran talks, with a confirmed 60-day peace roadmap, easing energy-inflation concerns and supporting spot gold prices.
- This rebound occurs despite Goldman Sachs lowering its year-end 2026 gold price forecast by $500 per ounce to $4,900, citing delayed Fed rate cuts and weaker ETF demand.