AAAU is trading at $38.23 (-3.51%) as persistent U.S. inflation and higher oil prices strengthened expectations of another Fed rate hike, weighing on non-yielding gold.

  • Stronger-than-expected U.S. growth added pressure; gold had fallen to a multi-month low.
  • A technology-led stock selloff may be prompting investors to sell liquid assets, including gold, to raise cash. AAAU tracks physical gold, making bullion weakness the main sector-level driver.
  • Live-session volume was not verified.