ETLX.DE is trading at €91.70, up 3.51%, as gold rebounded from a one-year low on November 2, with softer oil easing inflation concerns and bargain-buyers returning.
- Hopes for U.S.–Iran diplomacy helped push oil lower, easing pressure for further rate tightening and supporting non-yielding gold.
- Gold-miner shares advanced, amplifying bullion’s recovery. The move follows a sharp selloff, with rate expectations and market uncertainty still potential headwinds.