🟢 Gold ETF (IAU) is trading 3.35% up today as Treasury liquidity support reportedly pressured yields and dollar

IAU is trading at $84.45 (+3.35%) as Treasury yields eased and the U.S. dollar weakened ahead of the Federal Reserve’s July meeting minutes.

• A surprise U.S. Treasury liquidity-support announcement reportedly pressured yields and the dollar, lifting gold more than 3%.
• Ongoing U.S.-Iran tensions, Strait of Hormuz risks, and safe-haven demand provided additional support.
• IAU’s move is consistent with its physical-gold exposure and broad strength across gold ETFs.