🟢 Gold Miners ETF (GDX) is trading 7.1% up today as gold rebounds on easing yields

GDX is trading at $95.25, up 7.08%, as easing Treasury yields and a weaker U.S. dollar improve bullion’s appeal.

• Gold miners are rebounding after the August 18 selloff; gold rose about 0.5%–0.6% ahead of the Federal Reserve’s July-meeting minutes at 2:00 p.m. ET on August 19.
• The broader materials sector is strengthening, while geopolitical and inflation risks continue supporting safe-haven demand.