Risk-on sentiment allowed IAU to post 0.64% gain Wednesday

Published: November 25 2022, 11:06 GMT+0

Risk-on sentiment allowed IAU to post 0.64% gain Wednesday

Wednesday at a glance: iShares Gold Trust closed Wednesday at $33.24 (with a daily low of $32.94) after ending Tuesday at $33.03 and gaining 0.64%.

Other markets are also showing gains as Deere & Company added 5.03% and closed around $416.56 Wednesday. Notably, Tesla rose 7.82% Wednesday and closed at $169.91. Walt Disney is trading around $98.88 after ending Wednesday's session at $96.21 (up 2.78% today).

The fund has been trending positively for about a month. IShares Gold Trust hit a significant low of $30.82 around a month ago, but has since recovered 7.17%.

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