🟢 IAU is trading 3.1% up today as gold rallies on yen support and easing geopolitical tensions

IAU is trading 3.1% higher as gold prices rally on a mix of currency intervention and easing Middle East tensions.

• Coordinated U.S.–Japan support for the yen and falling bond yields are boosting demand for gold as a strategic asset.
• De-escalation around the Strait of Hormuz is further lifting gold-linked ETFs in early trading.