IS0E.DE is trading approximately 3.8% higher at €31.21 as gold-mining stocks rally on renewed safe-haven demand linked to escalating tensions in the Middle East.
- Geopolitical risks surrounding the Strait of Hormuz are lifting the S&P Commodity Producers Gold index that this ETF tracks.
- Gold producers are seeing broad interest as investors seek hedges against potential market volatility and energy-shock risks.