🔴 Gold Mining ETF (ETLX.DE) is trading 3.14% down after Warsh’s hawkish remarks pressured gold

ETLX.DE is trading at €108.46 (-3.14%) as hawkish Fed signals pressured gold prices.

• Fed Chair Kevin Warsh’s hawkish Jackson Hole remarks increased rate-hike expectations and supported the dollar.
• Reuters reported spot gold at $4,439.31 per ounce, near a two-week low; gold futures declined 0.9%.
• Renewed U.S.-Iran tensions raised inflation concerns, reinforcing higher-rate expectations and pressuring gold-mining equities, which typically amplify gold-price moves.