🔴 iShares S&P/TSX Global Gold Index ETF is trading 3.1% down today as gold miners extend a selloff amid softer spot prices and risk-off sentiment

iShares S&P/TSX Global Gold Index ETF is trading 3.1% down today as investors rotate out of risk assets and gold miners extend a multi-day selloff.

• Softer spot gold prices and concerns about inflation and interest-rate policy are pressuring the underlying S&P/TSX Global Gold Index.
• Broader equity markets are also under pressure, with major U.S. indices down over 1%, reinforcing risk-off sentiment and amplifying declines in cyclical, commodity-linked names such as gold miners.