🟢 Global Gold ETF (XGD.TO) is trading 6.35% up today as bullion recovers from August 18 selloff

XGD.TO is trading at CA$58.63 (+6.35%) as gold-mining shares rebound after bullion recovered from the August 18 selloff.

• Gold strengthened as Treasury yields eased.
• Ongoing U.S.-Iran tensions and Strait of Hormuz risks continued supporting safe-haven demand.
• Upcoming FOMC minutes keep rate expectations central, while improving precious-metals sentiment and rebounding global gold equities support the move.