ETFGLD.JO is trading 15.9% down today at ZAc 64644, significantly underperforming despite a broader global decline in gold prices. Global gold prices dropped over 1% on Monday, July 13, 2026, driven by geopolitical uncertainty, renewed US-Iran missile strikes, and heightened expectations of interest rate hikes to curb inflation. The decline marks a significant departure from the instrument's stable trading range, with gold slipping below $4,100 an ounce as investors shun precious metals amid these global concerns.