🔴 Gold Producers ETF (IS0E.DE) is trading 3.32% down as hotter U.S. inflation revived Fed rate expectations

IS0E.DE is trading at €34.84 (-3.32%) as above-forecast U.S. inflation revived expectations of tighter Fed policy and weighed on gold.

• September CPI showed headline inflation at 3.7% year over year, above the 3.6% forecast.
• Gold producers fell alongside bullion: Barrick declined 1.5%, Newmont 1.7%, and Agnico Eagle 2.2%.
• Broad U.S. equities were also lower, though pressure on miners appeared more direct.