🟢 Goldman Sachs Physical Gold ETF is trading 4.2% up today as gold jumps on hot inflation data and Iran tensions

Goldman Sachs Physical Gold ETF is trading 4.2% higher in after-hours trading following hotter-than-expected U.S. inflation data and escalating geopolitical conflict with Iran.

• The May PPI surprise and surging energy prices have reinforced gold's role as a critical inflation hedge, driving investors toward physical gold assets.
• Geopolitical risks have intensified following the closure of the Strait of Hormuz, significantly boosting safe-haven demand.
• The move extends the Goldman Sachs Physical Gold ETF regular-session rally into the after-hours session on June 11.