🟢 Gold Miners ETF (GDX) is trading 3.78% up today as Treasury yields ease

GDX is trading at $98.25 (+3.78%) as eased Treasury yields support rebound buying.

• GDX is rebounding after its 3.90% September 1 decline; early-session buying lifted gold-miner equities despite continued bullion pressure. Yields eased modestly September 2, with the 10-year yield reported near 4.78%.
• Higher oil, a firmer dollar, and elevated September Fed-hike expectations weigh on gold, which fell toward $4,357.50.
• The move appears primarily sector-wide mean reversion, short covering, and Middle East tension-linked safe-haven demand—not company-specific news.