GLD.BA is trading 4.06% up at ARS 12,310 after spot gold reached a seven-week high.

  • Gold was reported up 1% at $4,285.84 per ounce on August 6, supported by a weaker dollar and subdued Treasury yields.
  • Hopes for progress toward reopening the Strait of Hormuz, alongside easing U.S.-Iran tensions, reduced inflation and rate-hike concerns.
  • No company-specific announcement was identified; the move appears driven by global precious-metals sentiment and gold’s underlying commodity rally.