ETLX.DE is trading at €95.40 (+3.03%) as gold-mining shares rebounded on buying of beaten-down miners ahead of the Federal Reserve decision.
- Gold steadied near $4,000/oz after last week’s sharp selloff; easing oil prices and hopes for Iran de-escalation helped relieve inflation concerns.
- Despite early-session reports of weaker bullion, the ETF’s rise likely reflects stronger equity demand and miners’ amplified sensitivity to gold, rather than a clear broad-market catalyst; the Fed meeting remains a source of uncertainty.