iShares Gold Trust is trading 3.7% up today as investors react to a tentative U.S.-Iran peace agreement that is reshaping expectations for inflation, energy markets, and safe-haven demand.
- The diplomatic breakthrough, including plans to reopen the Strait of Hormuz, has driven a sharp move in gold prices and helped lift gold-backed ETFs.
- This follows a volatile week for gold, with the trust rebounding from recent lows as markets reassess Fed policy and geopolitical risk after the deal headlines.