🔴 Gold Producers ETF (IS0E.DE) is trading 3.25% down today after gold profit-taking

IS0E.DE is trading at €35.42 (-3.25%) after gold profit-taking and sector-wide weakness.

• Gold retreated roughly 0.9% to $4,366.38 after reaching a two-month high, prompting profit-taking.
• Gold-miner ETFs weakened, with GDX declining 1.26% on August 13, confirming sector-wide pressure.
• Flat July PPI and cooling inflation reduced expectations for a September Fed rate hike, limiting fresh support for gold after its sharp recent rally.