GDIG.L is trading at $68.60, down 3.54%, reflecting broad pressure across global mining equities, not an isolated fund event.
- Falling iron ore and weaker diversified miners, including BHP, added sector pressure.
- Escalating U.S.-Iran conflict pushed Brent crude to $107.63, raising inflation, energy-cost, and global risk-aversion concerns.
- The wider risk-off session on September 10 saw higher oil and hotter wholesale inflation heighten interest-rate and growth concerns, typically weighing on cyclical producers despite stronger energy prices.