[isatrader]

Hmm. SPGP.L (gold producers) has gapped up, am about to write a post in the UK section.

Here's the page on the ishares site that shows what you'd actually be investing in. https://www.ishares.com/lu/individual/en...51908/SPGP i.e. what the etf's holdings are by percentage and where they are based. For example the current make up is:

Canada: 55.62%
United States: 14.18%
Australia: 10.18%
United Kingdom: 8.55%
South Africa: 8.26%
China:1.75%
Other: 1.47%

And the top ten holdings are:
ABX - BARRICK GOLD CORP - 12.70%
NEM - NEWMONT MINING CORP - 12.05%
G -GOLDCORP INC - 10.49%
FNV - FRANCO NEVADA CORP - 7.55%
NCM - NEWCREST MINING LTD - 7.24%
RRS - RANDGOLD RESOURCES LTD - 7.01%
AEM - AGNICO-EAGLE MINES LIMITED - 6.95%
AU - ANGLOGOLD ASHANTI LTD. ADS - 3.90%
GFI - GOLD FIELDS LTD. ADS - 2.71%
DGC - DETOUR GOLD CORP - 2.32%