IS0E.DE is trading at β¬37.06 (+3.82%) as gold recovered after the August 18 selloff when Treasury yields eased from multi-year highs.
- Spot gold rose 0.5% on August 19 after falling nearly 2% the previous session, improving sentiment across gold-mining shares.
- The prior decline followed surging yields, inflation concerns and renewed U.S.-Iran tensions that pushed oil higher and reduced bullionβs appeal.
- Weakness was broad across Newmont, Gold Fields and AngloGold Ashanti, making this primarily a sector- and macro-driven rebound.