GLDM is trading 3.26% higher pre-market, tracking a strong overnight move in gold prices as geopolitical risks in the Middle East ease and a deal to reopen the Strait of Hormuz nears completion.
- Sentiment toward safe-haven assets remains firm amid concerns over Asian financial stability following the U.S.βJapan yen-support intervention.
- Record U.S. equity levels and steady oil prices continue to shape broader macro positioning.