🔴 Gold Mining ETF (ETLX.DE) is trading 3% down as falling bullion and rising yields pressure miners

ETLX.DE is trading at €95.73 (-3.01%) as bullion weakness and rising yields pressured gold miners. - Oil-driven inflation concerns and rising bond yields reinforced higher-for-longer rate expectations, weighing on non-yielding gold. - The ETF tracks global gold miners, with significant exposure to Newmont, Agnico Eagle and AngloGold Ashanti; sector weakness aligns with its decline. - Renewed Middle East tensions added risk aversion; no volume figures were supplied, limiting assessment of trading activity.