🟢 GLD.NZ is trading 4.3% up, as bullion climbed nearly 2%

GLD.NZ is trading at NZD 3.86, up 4.30%, tracking gold’s continued rally.

• Reuters reported bullion climbed nearly 2% on November 5, supported by a weaker US dollar and lower Treasury yields after the midterm elections.
• The Smart Gold ETF’s November 5 close was NZD 3.86, up 4.30%, on volume of 114.64K; no company-specific catalyst was identified.
• The move reflects strength in the underlying gold market, rather than cited weakness in the broader materials sector.